As per Verizon Communications Inc. (NYSE:VZ) statement on 2016-06-02, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.565 per share as dividend to stakeholders. The record date is set as 2016-07-08, the payout date as 2016-08-01 and the ex-dividend date is 2016-07-06.
Last fiscal Verizon Communications Inc. (NYSE:VZ) disbursed cash dividend of $0.565. A year ago, the payout was $0.565, which indicates a difference of 3.5047%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.565, implying -10.0334% growth.
For the period ended on 2015-12-31, Verizon Communications Inc. (NYSE:VZ)’s earnings came at $0.94 per share compared to EPS of $1.04 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-18. For this quarter, the analysts have earnings estimate of $1 per share.
The interim price target for Verizon Communications Inc. (NYSE:VZ) is set at $53.823. This level is the mean price reached by averaging the stock views of 17 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Verizon Communications Inc. (NYSE:VZ) is seen at $60 and the lowest level is established at $42. This broad range highlights a standard deviation of $4.126 in reported estimates.
1 Chart Pattern Every Investor Should Know