Tidewater Inc. (NYSE:TDW) Updates On Quarterly Dividend


As per Tidewater Inc. (NYSE:TDW) statement on 2015-11-12, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2015-12-04, the payout date as 2015-12-15 and the ex-dividend date is 2015-12-02.

Last fiscal Tidewater Inc. (NYSE:TDW) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of -25%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying -5.5912% growth.

For the period ended on 2016-03-31, Tidewater Inc. (NYSE:TDW)’s earnings came at $-1.04 per share compared to EPS of $-0.01 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $-0.96 per share.

The interim price target for Tidewater Inc. (NYSE:TDW) is set at $5.666. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Tidewater Inc. (NYSE:TDW) is seen at $8.5 and the lowest level is established at $4. This broad range highlights a standard deviation of $1.602 in reported estimates.

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