National Bank Financial Analysts Cut Earnings Estimates for Stingray Digitl (TSE:RAY)
Stingray Digitl (TSE:RAY) – Stock analysts at National Bank Financial decreased their FY2018 earnings per share estimates for Stingray Digitl in a note issued to investors on Wednesday. National Bank Financial analyst A. Shine now expects that the company will earn $0.45 per share for the year, down from their previous estimate of $0.47. National Bank Financial also issued estimates for Stingray Digitl’s FY2019 earnings at $0.50 EPS.
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The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.
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