Snap-On Incorporated (NYSE:SNA) Updates On Dividend Release Date


On 2016-08-04, Snap-On Incorporated (NYSE:SNA) confirmed the dividend disbursement of $0.61 a share to shareholders as on record 2016-08-19. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-17.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Snap-On Incorporated (NYSE:SNA) paid a total of $0.61 per share in dividends. This figure stood at $0.61 a share in the same period a year ago indicating a deviation of 18.9189%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $176.166 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $190 and $165, respectively.

Taking the mathematical rating formula, the price for Snap-On Incorporated (NYSE:SNA) stands at 1.71. Earnings Review Snap-On Incorporated (NYSE:SNA) 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 $2.15.

Coming to the quarter ending on 2015-12-31, Snap-On Incorporated (NYSE:SNA) recorded EPS of $2.36. The reported numbers came lower than the analysts’ estimates of $2.22, demonstrating a miss of $0.14 as against reported figures.

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