Dividends to Follow: Cencosud S.A. (NYSE:CNCO) gearing towards $0.07 dividends on Dec 19, 2016.

Dividends to Follow: Cencosud S.A. (NYSE:CNCO) gearing towards $0.07 dividends on Dec 19, 2016.

Cencosud S.A. (NYSE:CNCO) is expected to pay $0.07 on Dec 19, 2016. The indicated annual dividend is $0.08. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Cencosud S.A.’s current price of $8.66, the dividend is 0.82%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 16, 2016. The stock decreased 1.70% or $0.15 on November 25, hitting $8.66. Cencosud SA (NYSE:CNCO) has risen 4.97% since April 25, 2016 and is uptrending. It has underperformed by 1.04% the S&P500.

Cencosud SA (NYSE:CNCO) Ratings Coverage

Out of 3 analysts covering Cencosud (NYSE:CNCO), 0 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 0 are positive. Cencosud has been the topic of 3 analyst reports since June 6, 2016 according to StockzIntelligence Inc. The firm has “Underperform” rating by Bank of America given on Saturday, August 27. Goldman Sachs downgraded the shares of CNCO in a report on Monday, June 6 to “Sell” rating. The firm has “Neutral” rating by Citigroup given on Friday, May 6.

More news for Cencosud SA (NYSE:CNCO) were recently published by: Seekingalpha.com, which released: “Cencosud S.A. (CNCO) Q3 2016 Results – Earnings Call Transcript” on November 23, 2016. Prnewswire.com‘s article titled: “Cencosud S.A. Announces Filing of its Annual Report Form 20-F for 2014” and published on May 01, 2015 is yet another important article.

CNCO Company Profile

Cencosud S.A., incorporated on December 28, 1978, is a multi-brand retailer in South America. The Firm operates through six divisions: supermarkets, home improvement stores, department stores, shopping centers, financial services and Other. It is also engaged in the commercial real estate development business in Chile, Argentina, Colombia and Peru, with over 50 shopping malls representing approximately 794,590 square meters of gross leasable area (GLA). The Firm offers private label credit cards, consumer loans and limited financial services to its retail customers. Additionally, the Company operates other lines of business that complement the main retail operations, such as insurance brokerage, travel agency, customer loyalty services and family entertainment centers. The Firm has approximately 1,180 stores and shopping centers with an aggregate of approximately 4,416,700 square meters of selling space.

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