Tidewater Inc. (NYSE:TDW) Updates On Dividend Release Date


On 2015-11-12, Tidewater Inc. (NYSE:TDW) confirmed the dividend disbursement of $0.25 a share to shareholders as on record 2015-12-04. The firm will release dividend on 2015-12-15 while ex-dividend date is reported to be 2015-12-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Tidewater Inc. (NYSE:TDW) paid a total of $0.25 per share in dividends. This figure stood at $0.25 a share in the same period a year ago indicating a deviation of -25%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $5.666 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $8.5 and $4, respectively.

Taking the mathematical rating formula, the price for Tidewater Inc. (NYSE:TDW) stands at 3.3. Earnings Review Tidewater Inc. (NYSE:TDW) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $-1.

Coming to the quarter ending on 2016-03-31, Tidewater Inc. (NYSE:TDW) recorded EPS of $-1.04. The reported numbers came lower than the analysts’ estimates of $-0.72, demonstrating a miss of $-0.32 as against reported figures.

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