Home Markets Dividend Growth of Dicks Sporting Goods Inc(DKS)

Dividend Growth of Dicks Sporting Goods Inc(DKS)


Dicks Sporting Goods Inc(DKS) is having a Dividend Yield of 1.21% with the Annual cash Dividend per share of $0.61. The last quarter cash dividend per share pay out was $0.15. Dicks Sporting Goods Inc has a 5 year average dividend yield of 1.04% and the stock has a Indicated annual dividend of $0.61. Dicks Sporting Goods Inc(DKS) formally announced its most recent dividend on February 14, 2017 with a Dividend per share of $0.17. The new indicated annual dividend based on announced dividend per share is $0.68. The dividend yield based on the forward looking indicated annual dividend is 1.36%. Dicks Sporting Goods Inc(DKS) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of 0.19. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02. The 5 year historical dividend growth of Dicks Sporting Goods Inc(DKS) is at the rate of 11.81% while the R-Squared dividend growth is 0.25. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Dicks Sporting Goods Inc (NYSE:DKS) witnessed a decline in the market cap on Thursday as its shares dropped 2.75% or 1.37 points. After the session commenced at $49.84, the stock reached the higher end at $49.9 while it hit a low of $48.12. With the volume soaring to 4,526,221 shares, the last trade was called at $48.5. The company has a 52-week high of $62.88. The company has a market cap of $5,463 million and there are 112,646,972 shares in outstanding. The 52-week low of the share price is $37.61. Dicks Sporting Goods, Inc. has lost 8.78% in the last five trading days and dropped 6.68% in the last 4 weeks. Dicks Sporting Goods, Inc. has dropped 14.27% during the last 3-month period . Year-to-Date the stock performance stands at -8.66%.

Currently the company Insiders own 22.96% of Dicks Sporting Goods Inc shares according to the proxy statements. Institutional Investors own 71.76% of Dicks Sporting Goods Inc shares. Company has reported several Insider transactions to the SEC, on Nov 28, 2016, William J Colombo (director) sold 52,156 shares at 60.11 per share price.On Nov 18, 2016, Lauren R Hobart (EVP & Chief Marketing Officer) sold 24,015 shares at 58.46 per share price.On Nov 18, 2016, Lee J Belitsky (EVP, Chief Financial Officer) sold 15,000 shares at 58.50 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Dicks Sporting Goods Inc was Upgraded by Goldman to Buy on Jan 30, 2017. Company shares were Reiterated by UBS on Dec 9, 2016 to Buy, Raises Price Target to $ 69 from a previous price target of $66 .

Dicks Sporting Goods Inc Last issued its quarterly earnings results on Nov 15, 2016. The company reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.42. The company had revenue of $1810.30 million for the quarter, compared to analysts expectations of $1766.77 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.

Dicks Sporting Goods is a leading full-line sporting goods retailer in the United States.



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