ResMed Inc. (NYSE:RMD) Updates On Dividend Release Date


On 2016-07-28, ResMed Inc. (NYSE:RMD) confirmed the dividend disbursement of $0.33 a share to shareholders as on record 2016-08-18. The firm will release dividend on 2016-09-22 while ex-dividend date is reported to be 2016-08-16.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ResMed Inc. (NYSE:RMD) paid a total of $0.33 per share in dividends. This figure stood at $0.33 a share in the same period a year ago indicating a deviation of 7.1429%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $61.528 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $73.7 and $50, respectively.

Taking the mathematical rating formula, the price for ResMed Inc. (NYSE:RMD) stands at 3.39. Earnings Review ResMed Inc. (NYSE:RMD) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.63.

Coming to the quarter ending on 2016-06-30, ResMed Inc. (NYSE:RMD) recorded EPS of $0.74. The reported numbers came lower than the analysts’ estimates of $0.74, demonstrating a miss of $0 as against reported figures.

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