Symantec Corporation (NASDAQ:SYMC) Updates On Dividend Release Date


On 2016-08-05, Symantec Corporation (NASDAQ:SYMC) confirmed the dividend disbursement of $0.075 a share to shareholders as on record 2016-08-22. The firm will release dividend on 2016-09-14 while ex-dividend date is reported to be 2016-08-18.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Symantec Corporation (NASDAQ:SYMC) paid a total of $0.075 per share in dividends. This figure stood at $0.075 a share in the same period a year ago indicating a deviation of 666.6666%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $22.769 on the stock. This figure is the average of recommendations offered by 13 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $28 and $14, respectively.

Taking the mathematical rating formula, the price for Symantec Corporation (NASDAQ:SYMC) stands at 2.58. Earnings Review Symantec Corporation (NASDAQ:SYMC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.15.

Coming to the quarter ending on 2016-03-31, Symantec Corporation (NASDAQ:SYMC) recorded EPS of $0.23. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $0.03 as against reported figures.

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