As per Teekay Corporation (NYSE:TK) statement on 2016-07-08, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.055 per share as dividend to stakeholders. The record date is set as 2016-07-29, the payout date as 2016-08-17 and the ex-dividend date is 2016-07-27.
Last fiscal Teekay Corporation (NYSE:TK) disbursed cash dividend of $0.055. A year ago, the payout was $0.055, which indicates a difference of 36.9565%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.055, implying 6.4919% growth.
For the period ended on 2015-12-31, Teekay Corporation (NYSE:TK)’s earnings came at $0.01 per share compared to EPS of $0.04 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.12 per share.
The interim price target for Teekay Corporation (NYSE:TK) is set at $8. 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 Teekay Corporation (NYSE:TK) is seen at $9 and the lowest level is established at $7. This broad range highlights a standard deviation of $1 in reported estimates.
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