Omnicare (OCR) Declares Quarterly Dividend of $0.14

Omnicare (NYSE:OCR) declared a quarterly dividend on Wednesday, May 29th, AnalystRatings.Net reports. Shareholders of record on Monday, June 3rd will be given a dividend of $0.14 per share on Friday, June 14th. This represents a $0.56 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 30th.

On a related note, analysts at Cowen Securities reiterated an “outperform” rating on shares of Omnicare in a research note to investors on Tuesday, March 12th.

Shares of Omnicare (NYSE: OCR) opened at 46.51 on Thursday. Omnicare has a 52 week low of $29.24 and a 52 week high of $47.45. The stock’s 50-day moving average is currently $43.97. The company has a market cap of $4.880 billion and a P/E ratio of 26.50.

Omnicare (NYSE: OCR) last announced its earnings results on Wednesday, April 24th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.85 by $0.05. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. The company’s quarterly revenue was down 4.3% on a year-over-year basis. Omnicare has set its FY13 guidance at $3.47-3.57 EPS. On average, analysts predict that Omnicare will post $3.55 earnings per share for the current fiscal year.

Omnicare, Inc. (NYSE: OCR) is a pharmaceutical services company.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.