St. Jude Medical, Inc. (NYSE:STJ) Updates On Dividend Release Date


On 2016-08-04, St. Jude Medical, Inc. (NYSE:STJ) confirmed the dividend disbursement of $0.31 a share to shareholders as on record 2016-09-30. The firm will release dividend on 2016-10-28 while ex-dividend date is reported to be 2016-09-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, St. Jude Medical, Inc. (NYSE:STJ) paid a total of $0.31 per share in dividends. This figure stood at $0.31 a share in the same period a year ago indicating a deviation of 7.4074%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $78.607 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $89 and $54, respectively.

Taking the mathematical rating formula, the price for St. Jude Medical, Inc. (NYSE:STJ) stands at 2.89. Earnings Review St. Jude Medical, Inc. (NYSE:STJ) 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 $1.01.

Coming to the quarter ending on 2015-12-31, St. Jude Medical, Inc. (NYSE:STJ) recorded EPS of $1.06. The reported numbers came lower than the analysts’ estimates of $1.06, demonstrating a miss of $0 as against reported figures.

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