Dividend Growth of ClubCorp Holdings, Inc.(MYCC)

ClubCorp Holdings(MYCC) is having a Dividend Yield of 3.04% with the Annual cash Dividend per share of $0.39. The last quarter cash dividend per share pay out was $0.13. ClubCorp Holdings has a 5 year average dividend yield of 2.8% and the stock has a Indicated annual dividend of $0.52. ClubCorp Holdings(MYCC) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.13. The new indicated annual dividend based on announced dividend per share is $0.52. The dividend yield based on the forward looking indicated annual dividend is 3.04%. The 5 year historical dividend growth of ClubCorp Holdings(MYCC) is at the rate of 3.22% while the R-Squared dividend growth is 0.64. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

ClubCorp Holdings, Inc. (NYSE:MYCC) rose 0.88% or 0.15 points on Thursday and made its way into the gainers of the day. After trading began at $17.15 the stock was seen hitting $17.25 as a peak level and $16.85 as the lowest level. The stock ended up at $17.25. The daily volume was measured at 570,074 shares. The 52-week high of the share price is $17.5 and the 52-week low is $9.95. The company has a market cap of $1,130 million. Shares of ClubCorp Holdings, Inc. rose by 2.68% in the last five trading days and 4.23% for the last 4 weeks. ClubCorp Holdings, Inc. is up 32.85% in the last 3-month period. Year-to-Date the stock performance stands at 21.28%.

Currently the company Insiders own 2.9% of ClubCorp Holdings, Inc. shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Jul 25, 2016, Andrew V Miller (EVP of Membership) sold 2,000 shares at 14.94 per share price.On Jul 19, 2016, Margaret Mary Spellings (director) purchased 1,000 shares at 14.76 per share price.On Mar 7, 2016, Janet Grove (director) purchased 1,000 shares at 14.55 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Jan 19, 2017 to Outperform, Raises Price Target to $ 23 from a previous price target of $17 .Company shares were Reiterated by Imperial Capital on Jan 13, 2017 to Outperform, Raises Price Target to $ 21 from a previous price target of $16 .

ClubCorp Holdings Inc Last issued its quarterly earnings results on Oct 13, 2016. The company reported $0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.08. The company had revenue of $259.33 million for the quarter, compared to analysts expectations of $264.82 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

ClubCorp Holdings, Inc. is involved in leisure business. The company owns or operates a golf and country clubs, business clubs, sports clubs and alumni clubs primarily in North America. It operates in two segments: Golf and Country Clubs and Business, Sports and Alumni Clubs. The Golf and Country Clubs segment offers private country clubs, golf clubs which offer private and public golf play, other recreational amenities and public golf facilities. The Business, Sports and Alumni Clubs segment provides business clubs for dining, business or social entertainment for business executives, professionals and entrepreneurs, sports clubs provides fitness and racquet facilities, business/sports clubs and alumni clubs to provide a connection between the university and its alumni and faculty. ClubCorp Holdings, Inc. is based in Dallas, Texas.

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