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Corrections Corporation of America Announces Dividend Payout
By equitiesfocus.com
Published: 02/08/2016

Corrections Corporation of America (NYSE:CXW) has updated its shareholders on the dividend payout of $0.54 to each of the shareholders. The record date is 2016-01-04, the payment date is 2016-01-15 and ex-dividend date is specified 2015-12-30. This announcement was made on 2015-12-10. Shareholders will be obligated to hold stock until the ex-dividend date to get dividend payout.

Last year, Corrections Corporation of America (NYSE:CXW) recorded a total dividend payment of $0.54 per share against a payout of $0.54 per share, a year earlier indicating a difference of 5.8824%.

Experts are looking for earnings of $0.59 per share during the upcoming quarter. As per the brokerages, N/A has a short-term price target of $38.666. This is the average of all the stock recommendations disclosed by a total of 3 analysts. These analysts have set the target range of $38 to $40 for the next year. The standard deviation stands at $1.154 after covering all the price estimates. This can be better explained as the difference between the set highest price target and bearish price target.

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