Snyder's-Lance, Inc. (NASDAQ:LNCE) Updates On Dividend Release Date


On 2016-08-05, Snyder's-Lance, Inc. (NASDAQ:LNCE) confirmed the dividend disbursement of $0.16 a share to shareholders as on record 2016-08-23. The firm will release dividend on 2016-08-31 while ex-dividend date is reported to be 2016-08-19.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Snyder's-Lance, Inc. (NASDAQ:LNCE) paid a total of $0.16 per share in dividends. This figure stood at $0.16 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $39.6 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $42 and $34, respectively.

Taking the mathematical rating formula, the price for Snyder's-Lance, Inc. (NASDAQ:LNCE) stands at 1.75. Earnings Review Snyder's-Lance, Inc. (NASDAQ:LNCE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $0.3.

Coming to the quarter ending on 2015-12-31, Snyder's-Lance, Inc. (NASDAQ:LNCE) recorded EPS of $0.28. The reported numbers came lower than the analysts’ estimates of $0.26, demonstrating a miss of $0.02 as against reported figures.

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