STERIS Corporation (NYSE:STE) Updates On Quarterly Dividend


As per STERIS Corporation (NYSE:STE) statement on 2016-08-09, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.28 per share as dividend to stakeholders. The record date is set as 2016-08-30, the payout date as 2016-09-27 and the ex-dividend date is 2016-08-26.

Last fiscal STERIS Corporation (NYSE:STE) disbursed cash dividend of $0.28. A year ago, the payout was $0.28, which indicates a difference of 8.8889%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.28, implying 11.8427% growth.

For the period ended on 2016-03-31, STERIS Corporation (NYSE:STE)’s earnings came at $0.79 per share compared to EPS of $0.83 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.9 per share.

The interim price target for STERIS Corporation (NYSE:STE) is set at $85. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for STERIS Corporation (NYSE:STE) is seen at $86 and the lowest level is established at $84. This broad range highlights a standard deviation of $1 in reported estimates.

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