Staples, Inc. (NASDAQ:SPLS) Updates On Quarterly Dividend


As per Staples, Inc. (NASDAQ:SPLS) statement on 2016-06-15, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.12 per share as dividend to stakeholders. The record date is set as 2016-06-24, the payout date as 2016-07-14 and the ex-dividend date is 2016-06-22.

Last fiscal Staples, Inc. (NASDAQ:SPLS) disbursed cash dividend of $0.12. A year ago, the payout was $0.12, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.12, implying 5.9224% growth.

For the period ended on 2016-01-31, Staples, Inc. (NASDAQ:SPLS)’s earnings came at $0.17 per share compared to EPS of $0.12 a year ago. This quarter the firm can post earnings for quarter ending 2016-07-31 on or around 2016-08-17. For this quarter, the analysts have earnings estimate of $0.12 per share.

The interim price target for Staples, Inc. (NASDAQ:SPLS) is set at $9.416. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Staples, Inc. (NASDAQ:SPLS) is seen at $10.5 and the lowest level is established at $8. This broad range highlights a standard deviation of $0.917 in reported estimates.

Shares of the Staples, Inc. (NASDAQ:SPLS) traded in the range of $9.1 to $9.33 and closed the last trading session at $9.19 on a volume of ((Volume:238}}.

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