As per Rent-A-Center Inc. (NASDAQ:RCII)’s news release on 2016-06-03, its shareholders will get cash dividend of $0.08 per share. The recent press release updated on the record date and payout date, which stands at 2016-07-05 and 2016-07-21, respectively.
The stock of Rent-A-Center Inc. (NASDAQ:RCII) will commence trading ex-dividend from 2016-06-30, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Rent-A-Center Inc. (NASDAQ:RCII) disbursed $0.64 in dividend compared to distribution of $0.93, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 3.2258%.
The past track record of five years substantiates that the average payout of Rent-A-Center Inc. (NASDAQ:RCII) stands at $0.808, implying 51.5717% growth. The company recorded earnings of $0.5 a share in the preceding fiscal.
The interim price target for Rent-A-Center Inc. (NASDAQ:RCII) is set at $23. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $25 and the lowest level is established at 21. This broad range highlights a standard deviation of $2.828 in reported estimates.
AlphaOne has allotted A sentiment score of 0.685 to Rent-A-Center Inc. (NASDAQ:RCII) while impact score assigned is 75 as on as on 2016-07-04.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...