Dividend Flows: Will Dec 1, 2016 be the day Orbital ATK, Inc. (NYSE:OA) makes dividends of $0.30?

Dividend Flows: Will Dec 1, 2016 be the day Orbital ATK, Inc. (NYSE:OA) makes dividends of $0.30?

Orbital ATK, Inc. (NYSE:OA) is expected to pay $0.30 on Dec 1, 2016. The indicated annual dividend is $1.20. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Orbital ATK, Inc.’s current price of $81.61, the dividend is 0.37%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 2, 2016. The stock increased 1.22% or $0.98 on November 11, hitting $81.61. About 362,974 shares traded hands. Orbital ATK Inc (NYSE:OA) has declined 5.65% since April 12, 2016 and is downtrending. It has underperformed by 10.64% the S&P500.

Orbital ATK, Inc. is an aerospace and defense systems firm and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The company has a market cap of $4.84 billion. The Company’s divisions include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. It has a 19.37 P/E ratio. The Company’s products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Orbital ATK Inc (NYSE:OA) Ratings Coverage

Out of 10 analysts covering Orbital ATK (NYSE:OA), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. $104 is the highest target while $90 is the lowest. The $99.33 average target is 21.71% above today’s ($81.61) stock price. Orbital ATK has been the topic of 17 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded Orbital ATK Inc (NYSE:OA) on Tuesday, September 8 to “Buy” rating. The rating was initiated by UBS with “Buy” on Thursday, December 17. The stock has “Hold” rating given by Argus Research on Tuesday, August 11. The firm has “Overweight” rating given on Thursday, August 11 by KeyBanc Capital Markets. Deutsche Bank initiated it with “Buy” rating and $100 target price in Thursday, September 1 report. Stifel Nicolaus maintained it with “Buy” rating and $95 target price in Wednesday, March 2 report. The rating was upgraded by Wells Fargo on Tuesday, August 23 to “Outperform”. The stock of Orbital ATK Inc (NYSE:OA) earned “Hold” rating by Argus Research on Tuesday, August 23. The company was downgraded on Wednesday, August 26 by Zacks. Goldman Sachs upgraded Orbital ATK Inc (NYSE:OA) rating on Monday, January 4. Goldman Sachs has “Conviction Buy” rating and $104 price target.

More notable recent Orbital ATK Inc (NYSE:OA) news were published by: Fool.com which released: “Orbital ATK Inc. Reports Strong New-Order Growth” on November 08, 2016, also Wsj.com with their article: “Orbital ATK’s Unmanned Antares Rocket Achieves Smooth Return to Flight” published on October 18, 2016, Wsj.com published: “Military Contractor Orbital ATK to Restate Financials” on August 10, 2016. More interesting news about Orbital ATK Inc (NYSE:OA) were released by: Fool.com and their article: “Orbital ATK Inc. Earnings Launch Past Expectations” published on March 01, 2016 as well as Fool.com‘s news article titled: “Orbital ATK Inc.’s Satellite Systems Send Earnings Into Orbit” with publication date: May 06, 2016.

OA Company Profile

Orbital ATK, Inc., incorporated on May 2, 1990, is an aerospace and defense systems firm and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s divisions include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. The Company’s products include launch vehicles and related propulsion systems; satellites and associated components and services; composite aerospace structures; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

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