Valspar Corporation (The) (NYSE:VAL) Updates On Dividend Release Date


On 2016-05-20, Valspar Corporation (The) (NYSE:VAL) confirmed the dividend disbursement of $0.33 a share to shareholders as on record 2016-06-01. The firm will release dividend on 2016-06-15 while ex-dividend date is reported to be 2016-05-27.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Valspar Corporation (The) (NYSE:VAL) paid a total of $0.33 per share in dividends. This figure stood at $0.33 a share in the same period a year ago indicating a deviation of 15.3846%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $106.285 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $113 and $87, respectively.

Taking the mathematical rating formula, the price for Valspar Corporation (The) (NYSE:VAL) stands at 2.81. Earnings Review Valspar Corporation (The) (NYSE:VAL) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-09-07. For the period ending on 2016-07-31, experts are expecting EPS of $1.44.

Coming to the quarter ending on 2015-10-31, Valspar Corporation (The) (NYSE:VAL) recorded EPS of $1.22. The reported numbers came lower than the analysts’ estimates of $1.26, demonstrating a miss of $-0.04 as against reported figures.

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