Xerox Corporation (NYSE:XRX) Updates On Quarterly Dividend


As per Xerox Corporation (NYSE:XRX) statement on 2016-07-20, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.078 per share as dividend to stakeholders. The record date is set as 2016-09-30, the payout date as 2016-10-31 and the ex-dividend date is 2016-09-28.

Last fiscal Xerox Corporation (NYSE:XRX) disbursed cash dividend of $0.078. A year ago, the payout was $0.078, which indicates a difference of 12%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.078, implying 10.4948% growth.

For the period ended on 2015-12-31, Xerox Corporation (NYSE:XRX)’s earnings came at $0.3 per share compared to EPS of $0.24 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.27 per share.

The interim price target for Xerox Corporation (NYSE:XRX) is set at $10.96. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Xerox Corporation (NYSE:XRX) is seen at $12 and the lowest level is established at $10.3. This broad range highlights a standard deviation of $0.658 in reported estimates.

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