Dividends to Follow: Shareholders can safely expect $0.16 dividends by Dec 15, 2016, from Atlantica Yield plc (NASDAQ:ABY).

Dividends to Follow: Shareholders can safely expect $0.16 dividends by Dec 15, 2016, from Atlantica Yield plc (NASDAQ:ABY).

Atlantica Yield plc (NASDAQ:ABY) is expected to pay $0.16 on Dec 15, 2016. The indicated annual dividend is $0.65. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Atlantica Yield plc’s current price of $18.96, the dividend is 0.86%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 16, 2016. The stock decreased 0.16% or $0.03 on November 25, hitting $18.96. About 343,773 shares traded hands. Atlantica Yield PLC (NASDAQ:ABY) has risen 3.89% since April 25, 2016 and is uptrending. It has underperformed by 2.12% the S&P500.

Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. The company has a market cap of $1.90 billion. The Firm owns approximately 20 assets, comprising 1,441 mega watts of renewable energy generation, 300 mega watts of conventional power generation, 1,099 miles of electric transmission lines and 10.5 Mft3 per day of water assets. It currently has negative earnings. The Company’s portfolio is diversified both by business segment and geography.

Atlantica Yield PLC (NASDAQ:ABY) Ratings Coverage

Out of 3 analysts covering Abengoa Yield (NASDAQ:ABY), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. $47 is the highest target while $16 is the lowest. The $21.75 average target is 14.72% above today’s ($18.96) stock price. Abengoa Yield has been the topic of 8 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained Atlantica Yield PLC (NASDAQ:ABY) rating on Tuesday, August 11. Canaccord Genuity has “Buy” rating and $29.50 price target. The stock of Atlantica Yield PLC (NASDAQ:ABY) has “Underperform” rating given on Monday, November 30 by Bank of America. The rating was downgraded by Canaccord Genuity on Monday, November 30 to “Hold”. Morgan Stanley downgraded it to “Equal-Weight” rating and $23 target price in Wednesday, September 30 report. Bank of America downgraded the shares of ABY in a report on Tuesday, September 8 to “Neutral” rating. The stock of Atlantica Yield PLC (NASDAQ:ABY) has “Outperform” rating given on Monday, August 3 by RBC Capital Markets.

More recent Atlantica Yield PLC (NASDAQ:ABY) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on April 24, 2011. Also Globenewswire.com published the news titled: “Abengoa Yield Changes Its Corporate Brand to Atlantica Yield” on January 07, 2016. Globenewswire.com‘s news article titled: “Atlantica Yield to Present Second Quarter 2016 Financial Results on August 5” with publication date: August 03, 2016 was also an interesting one.

ABY Company Profile

Atlantica Yield Plc, incorporated on December 17, 2013, owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. The Firm owns approximately 20 assets, comprising 1,441 mega watts of renewable energy generation, 300 mega watts of conventional power generation, 1,099 miles of electric transmission lines and 10.5 Mft3 per day of water assets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment