Trustmark Corporation (NASDAQ:TRMK) Updates On Dividend Release Date


On 2016-07-26, Trustmark Corporation (NASDAQ:TRMK) confirmed the dividend disbursement of $0.23 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Trustmark Corporation (NASDAQ:TRMK) paid a total of $0.23 per share in dividends. This figure stood at $0.23 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $26.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $29 and $24, respectively.

Taking the mathematical rating formula, the price for Trustmark Corporation (NASDAQ:TRMK) stands at 3. Earnings Review Trustmark Corporation (NASDAQ:TRMK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.46.

Coming to the quarter ending on 2015-12-31, Trustmark Corporation (NASDAQ:TRMK) recorded EPS of $0.4. The reported numbers came lower than the analysts’ estimates of $0.41, demonstrating a miss of $-0.01 as against reported figures.

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