Ball Corp. Declares Quarterly Dividend of $0.13 (BLL)
Ball Corp. (NYSE:BLL) announced a quarterly dividend on Wednesday, January 29th, AnalystRatings.Net reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.13 per share on Monday, March 17th. This represents a $0.52 annualized dividend and a dividend yield of 1.06%.
BLL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Ball Corp. in a research note to investors on Friday, December 6th. They now have a $52.00 price target on the stock. On the ratings front, analysts at Merrill Lynch upgraded shares of Ball Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, November 15th. Finally, analysts at Bank of America Corp. upgraded shares of Ball Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, November 15th. They now have a $56.00 price target on the stock, up previously from $49.00. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Ball Corp. presently has an average rating of “Hold” and an average price target of $51.00.
Ball Corp. (NYSE:BLL) traded up 1.66% during mid-day trading on Wednesday, hitting $49.07. The stock had a trading volume of 1,626,583 shares. Ball Corp. has a one year low of $41.52 and a one year high of $52.45. The stock’s 50-day moving average is $50.79 and its 200-day moving average is $47.58. The company has a market cap of $7.097 billion and a P/E ratio of 21.35.
Ball Corporation (NYSE:BLL) is a supplier of metal packaging to the beverage, food, personal care and household products industries.
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