Resources Connection, Inc. (NASDAQ:RECN) Updates On Dividend Release Date


On 2016-08-03, Resources Connection, Inc. (NASDAQ:RECN) confirmed the dividend disbursement of $0.11 a share to shareholders as on record 2016-08-24. The firm will release dividend on 2016-09-21 while ex-dividend date is reported to be 2016-08-22.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Resources Connection, Inc. (NASDAQ:RECN) paid a total of $0.11 per share in dividends. This figure stood at $0.11 a share in the same period a year ago indicating a deviation of 25%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $14.5 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $16 and $13, respectively.

Taking the mathematical rating formula, the price for Resources Connection, Inc. (NASDAQ:RECN) stands at 3. Earnings Review Resources Connection, Inc. (NASDAQ:RECN) will report its quarterly earnings for the period ending on 2016-08-31 by 2016-10-05. For the period ending on 2016-08-31, experts are expecting EPS of $0.17.

Coming to the quarter ending on 2016-05-31, Resources Connection, Inc. (NASDAQ:RECN) recorded EPS of $0.23. The reported numbers came lower than the analysts’ estimates of $0.21, demonstrating a miss of $0.02 as against reported figures.

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