TIM Participacoes S.A. (NYSE:TSU) Updates On Quarterly Dividend


As per TIM Participacoes S.A. (NYSE:TSU) statement on 2016-06-13, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.252 per share as dividend to stakeholders. The record date is set as 2016-04-22, the payout date as 2016-06-17 and the ex-dividend date is 2016-04-20.

Last fiscal TIM Participacoes S.A. (NYSE:TSU) disbursed cash dividend of $0.252. A year ago, the payout was $0.252, which indicates a difference of -42.2459%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.252, implying -11.9745% growth.

For the period ended on 2015-12-31, TIM Participacoes S.A. (NYSE:TSU)’s earnings came at $0.04 per share compared to EPS of $0.21 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 $0.05 per share.

The interim price target for TIM Participacoes S.A. (NYSE:TSU) is set at $15.575. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for TIM Participacoes S.A. (NYSE:TSU) is seen at $21.7 and the lowest level is established at $12.5. This broad range highlights a standard deviation of $4.313 in reported estimates.

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