On 2016-07-21, Sonoco Products Company (NYSE:SON) confirmed the dividend disbursement of $0.37 a share to shareholders as on record 2016-08-12. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-10.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Sonoco Products Company (NYSE:SON) paid a total of $0.37 per share in dividends. This figure stood at $0.37 a share in the same period a year ago indicating a deviation of 7.874%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $49.285 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 $55 and $44, respectively.
Taking the mathematical rating formula, the price for Sonoco Products Company (NYSE:SON) stands at 3.22. Earnings Review Sonoco Products Company (NYSE:SON) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.68.
Coming to the quarter ending on 2015-12-31, Sonoco Products Company (NYSE:SON) recorded EPS of $0.73. The reported numbers came lower than the analysts’ estimates of $0.68, demonstrating a miss of $0.05 as against reported figures.
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