As per Tiffany & Co. (NYSE:TIF)’s news release on 2016-08-18, its shareholders will get cash dividend of $0.45 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-20 and 2016-10-11, respectively.
The stock will commence trading ex-dividend from 2016-09-16, 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 Tiffany & Co. (NYSE:TIF) disbursed $0.45 in dividend compared to distribution of $0.45, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 6.7568%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Tiffany & Co. (NYSE:TIF) to attain a price target of $77.833. It is an average estimate figure given by 9 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $85. The low price range is set at $70 for next year while the arithmetic mean is seen at 2.29.
Eyeing Earnings Tiffany & Co. (NYSE:TIF) is likely to post quarterly numbers around 2016-11-22 for the quarter ending 2016-10-31. The quarterly EPS projection is set at $0.67 for the period ending on 2016-10-31.
In last quarter ended 2016-01-31, Tiffany & Co. (NYSE:TIF) earnings came at $0.84 suggesting a deviation of $0.13. The brokerages targeted EPS of $0.71 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...