Vectren Corporation (NYSE:VVC) Updates On Quarterly Dividend


As per Vectren Corporation (NYSE:VVC) statement on 2016-08-08, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.4 per share as dividend to stakeholders. The record date is set as 2016-08-15, the payout date as 2016-09-01 and the ex-dividend date is 2016-08-11.

Last fiscal Vectren Corporation (NYSE:VVC) disbursed cash dividend of $0.4. A year ago, the payout was $0.4, which indicates a difference of 5.4794%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.4, implying 2.4419% growth.

For the period ended on 2015-12-31, Vectren Corporation (NYSE:VVC)’s earnings came at $0.39 per share compared to EPS of $0.48 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.64 per share.

The interim price target for Vectren Corporation (NYSE:VVC) is set at $51. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Vectren Corporation (NYSE:VVC) is seen at $51 and the lowest level is established at $51. This broad range highlights a standard deviation of $0 in reported estimates.

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