Wolverine World Wide, Inc. (NYSE:WWW) Updates On Dividend Release Date


On 2016-07-14, Wolverine World Wide, Inc. (NYSE:WWW) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-10-03. The firm will release dividend on 2016-11-01 while ex-dividend date is reported to be 2016-09-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Wolverine World Wide, Inc. (NYSE:WWW) paid a total of $0.06 per share in dividends. This figure stood at $0.06 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 $24.227 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $28 and $19.5, respectively.

Taking the mathematical rating formula, the price for Wolverine World Wide, Inc. (NYSE:WWW) stands at 2.73. Earnings Review Wolverine World Wide, Inc. (NYSE:WWW) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $0.48.

Coming to the quarter ending on 2015-12-31, Wolverine World Wide, Inc. (NYSE:WWW) recorded EPS of $0.25. The reported numbers came lower than the analysts’ estimates of $0.22, demonstrating a miss of $0.03 as against reported figures.

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