Dividend Growth of EarthLink Holdings Corp.(ELNK)

EarthLink Holdings Corp.(ELNK) is having a Dividend Yield of 3.55% with the Annual cash Dividend per share of $0.2. The last quarter cash dividend per share pay out was $0.05. EarthLink Holdings Corp. has a 5 year average dividend yield of 3.63% and the stock has a Indicated annual dividend of $0.2. EarthLink Holdings Corp.(ELNK) formally announced its most recent dividend on October 26, 2016 with a Dividend per share of $0.05. The new indicated annual dividend based on announced dividend per share is $0.2. The dividend yield based on the forward looking indicated annual dividend is 3.55%.

Thursdays trading session turned out to be a no-profit no-loss event for EarthLink Holdings Corp. (NASDAQ:ELNK). The opening trade occurred at $5.63 and the highest and the lowest points of the day were $5.69 and $5.62 respectively. The final trade was registered at $5.64 and the volume by the end of the day had touched 762,703 shares. The 52-week high of the stock is $7.05 and the 52-week low is $4.8499. According to the current valuation, the market cap of the company is $643 million and the total number of shares available in public circulation is 114,000,000. EarthLink Holdings Corp. has lost 2.42% in the last five trading days and dropped 9.03% in the last 4 weeks. EarthLink Holdings Corp. is up 13.6% in the last 3-month period. Year-to-Date the stock performance stands at 0%.

Currently the company Insiders own 1.7% of EarthLink Holdings Corp. shares according to the proxy statements. Institutional Investors own 88.44% of EarthLink Holdings Corp. shares. Company has reported several Insider transactions to the SEC, on Sep 13, 2016, Rick C Froehlich (EVP, Chief Commercial Officer) sold 31,499 shares at 6.33 per share price.On May 27, 2016, R Michael Thurston (Principal Accounting Officer) sold 15,234 shares at 6.51 per share price.On Mar 9, 2016, John T Dobbins (EVP, Network Operations) sold 41,540 shares at 5.92 per share price.

EarthLink Holdings Corp. Last issued its quarterly earnings results on Aug 8, 2016. The company reported $0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.03. The company had revenue of $240.36 million for the quarter, compared to analysts expectations of $246.35 million. The companys revenue was down -15.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.10 EPS.

EarthLink Holdings Corp. provides IT services and communications to business and residential customers primarily in the United States. The companys services consists of cloud computing, managed and private cloud, virtualization services such as managed hosting and cloud workspace, IT security, application hosting, colocation and IT support services. It also offers data and voice IP services. EarthLink Holdings Corp., formerly known as EarthLink, Inc., is headquartered in Atlanta, GA.


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