Masco Corp(NYSE:MAS) Declares Dividend of $0.0950.

Masco Corp (NYSE:MAS) had declared a cash dividend of $0.0950 on Jun 24, 2016. The shares will quote ex-dividend on Jul 6, 2016 and the record date has been fixed for Jul 8, 2016. On Jun 24, 2016 share price, the yield comes out to be 1.2071%. The dividend payable date has been fixed on Aug 8, 2016.

In a different note, On Apr 7, 2016, Barclays said it Maintains its rating on Masco Corp. In the research note, the firm Raises the price-target to $31.00 per share. The shares have been rated ‘Overweight’ by the firm. On Mar 31, 2016, Vertical Research said it Downgrades its rating on Masco Corp. The shares have been rated ‘Hold’ by the firm.

Masco Corp (MAS) made into the market gainers list on Wednesdays trading session with the shares advancing 1.84% or 0.55 points. Due to strong positive momentum, the stock ended at $30.47, which is also near the day’s high of $30.6. The stock began the session at $30.19 and the volume stood at 39,31,083 shares. The 52-week high of the shares is $32.92 and the 52 week low is $22.52. The company has a current market capitalization of $10,139 M and it has 33,27,46,140 shares in outstanding.

Masco Corp(MAS) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.72B. Analysts had an estimated revenue of $1.72B. Earnings per share were $0.32. Analysts had estimated an EPS of $0.26.

Several Insider Transactions has been reported to the SEC. On Jun 23, 2016, Richard A. O’reagan (Group President) sold 6,000 shares at $31.36 per share price.Also, On Jun 1, 2016, Renee Straber (VP – Chief HR Officer) sold 3,694 shares at $32.60 per share price.On May 24, 2016, Richard A Manoogian (director) sold 77,959 shares at $31.33 per share price, according to the Form-4 filing with the securities and exchange commission.

Masco Corporation manufactures distributes and installs home improvement and building products. The Company’s segments include Cabinets and Related Products Plumbing Products Installation and Other Services Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets and home office workstations entertainment centers storage products; bookcases and kitchen utility products. Its Plumbing Products include faucets plumbing fittings and valves showerheads and hand showers bathtubs and shower enclosures toilets and spas. The Installation and Other Services includes the sale installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains and cabinet door window and other hardware. Its Other Specialty Products include windows window frame components and patio doors staple gun tackers staples and other fastening tools.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *