As per Group 1 Automotive, Inc. (NYSE:GPI) statement on 2017-02-15, it will give per-share dividend of $0.24. Record date is 2017-03-01, the payout date is 2017-03-15 and the ex-dividend date is 2017-02-27.
Investors often underrate or discount the significance of dividends to fruitful investing. Many stakeholders take payout as an added profit while buying securities. Though, payments source a remarkable portion of the proceeds from securities investments. As well, they give a benefit to stockholders with preservation of the investing power and volatility-risk protection. Dividends also give an exceptional assessment platform in the mechanism of picking stocks for designing equity portfolio.
The past record indicates that disbursements have given over 50% of returns on stockholders’ investment. S&P 500 index show in the past half century, with increased payout, is virtually more than index performance, without inclusion of disbursements. The viewpoint of enhancing the ROI is appealing to shareholders. Yet, stockholders are untouched from the benefits that payout give in their comprehensive return. There is always a leeway that the stock may not reflect any positive momentum for a definite period, but again in this period, the investors can profit from the payout.
In FY2015 Group 1 Automotive, Inc. (NYSE:GPI) disbursed dividend of $0.24. A year ago, it was $0.24, showing a difference of 9.6385%. The mean dividend, as seen by 5-years record, is $0.24, implying growth of 13.6475%.
For the period ended on 2016-12-31, Group 1 Automotive, Inc. (NYSE:GPI)’s earnings came at $1.74 per share against EPS of $1.59 a year earlier. Shareholders can discern about financials for quarter completing 2017-03-31 on or around 2017-04-26. The EPS estimate is $1.69.
The provisional target price for Group 1 Automotive, Inc. (NYSE:GPI) is set at $80.333, a consensus price outlook of 3 calls.
Group 1 Automotive, Inc. (NYSE:GPI) high estimate is realized at $92 and the lowest level estimate is $60. This wide-ranging range confirms standard deviation of $17.672 in conveyed estimates. The price range of the security is set for the imminent year.
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