TotalFinaElf, S.A. (TOT) To Go Ex-Dividend on September 21st
TotalFinaElf, S.A. (NYSE:TOT) declared a quarterly dividend on Tuesday, September 12th, Wall Street Journal reports. Investors of record on Friday, September 22nd will be paid a dividend of 0.7416 per share by the oil and gas exploration company on Thursday, October 19th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Thursday, September 21st. This is a positive change from TotalFinaElf,’s previous quarterly dividend of $0.69.
TotalFinaElf, has decreased its dividend by an average of 4.3% annually over the last three years. TotalFinaElf, has a dividend payout ratio of 73.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect TotalFinaElf, to earn $4.69 per share next year, which means the company should continue to be able to cover its $2.97 annual dividend with an expected future payout ratio of 63.3%.
TotalFinaElf, (TOT) opened at 53.86 on Friday. The company has a 50 day moving average price of $51.65 and a 200-day moving average price of $51.00. The firm has a market capitalization of $134.16 billion, a PE ratio of 18.57 and a beta of 0.74. TotalFinaElf, has a one year low of $45.05 and a one year high of $54.71.
TotalFinaElf, (NYSE:TOT) last posted its quarterly earnings data on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.01). TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. The firm had revenue of $39.92 billion for the quarter. On average, equities analysts predict that TotalFinaElf, will post $3.85 EPS for the current year.
TOT has been the subject of several recent research reports. Scotiabank set a $54.00 target price on shares of TotalFinaElf, and gave the company a “hold” rating in a research report on Tuesday, August 22nd. Canaccord Genuity upgraded shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. Societe Generale reiterated a “buy” rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. ValuEngine upgraded shares of TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Finally, BidaskClub cut shares of TotalFinaElf, from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 24th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. TotalFinaElf, has an average rating of “Hold” and a consensus target price of $54.80.
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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