As per Tidewater Inc. (NYSE:TDW)’s news release on 2015-11-12, its shareholders will get cash dividend of $0.25 per share. The recent press release updated on the record date and payout date, which stands at 2015-12-04 and 2015-12-15, respectively.
The stock will commence trading ex-dividend from 2015-12-02, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Tidewater Inc. (NYSE:TDW) disbursed $0.25 in dividend compared to distribution of $0.25, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -25%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Tidewater Inc. (NYSE:TDW) to attain a price target of $5.666. It is an average estimate figure given by 6 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $8.5. The low price range is set at $4 for next year while the arithmetic mean is seen at 3.3.
Eyeing Earnings Tidewater Inc. (NYSE:TDW) is likely to post quarterly numbers around 2016-11-01 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $-1 for the period ending on 2016-09-30.
In last quarter ended 2016-03-31, Tidewater Inc. (NYSE:TDW) earnings came at $-1.04 suggesting a deviation of $-0.32. The brokerages targeted EPS of $-0.72 for the quarter.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...