Dividend Growth of PerkinElmer, Inc.(PKI)

PerkinElmer(PKI) is having a Dividend Yield of 0.5% with the Annual cash Dividend per share of $0.28. The last quarter cash dividend per share pay out was $0.07. PerkinElmer has a 5 year average dividend yield of 0.71% and the stock has a Indicated annual dividend of $0.28. PerkinElmer(PKI) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.07. The new indicated annual dividend based on announced dividend per share is $0.28. The dividend yield based on the forward looking indicated annual dividend is 0.5%. PerkinElmer(PKI) has the most recent dividend payout ratio of 0.1 with a 5-year average payout ratio of 0.12.

PerkinElmer, Inc. (NYSE:PKI) witnessed a decline in the market cap on Thursday as its shares dropped 0.41% or 0.23 points. After the session commenced at $55.41, the stock reached the higher end at $55.62 while it hit a low of $55.06. With the volume soaring to 701,399 shares, the last trade was called at $55.32. The company has a 52-week high of $57.28. The company has a market cap of $6,060 million and there are 109,545,379 shares in outstanding. The 52-week low of the share price is $44.81. Shares of PerkinElmer, Inc. rose by 2.96% in the last five trading days and 5.51% for the last 4 weeks. PerkinElmer, Inc. is up 8.78% in the last 3-month period. Year-to-Date the stock performance stands at 6.22%.

Currently the company Insiders own 2.3% of PerkinElmer, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.34% . Institutional Investors own 89.82% of PerkinElmer, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -21.89%. Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Vicki L Sato (director) sold 8,308 shares at 54.01 per share price.On Feb 10, 2017, Daniel R Tereau (officer ) sold 5,001 shares at 53.16 per share price.On Dec 2, 2016, Alexis P Michas (director) sold 15,000 shares at 51.00 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PerkinElmer was Downgraded by BofA/Merrill to Underperform on Feb 3, 2017. PerkinElmer was Initiated by Deutsche Bank on Jan 18, 2017 to Hold, Price Target of the shares are set at $55.

PerkinElmer Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.83 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.86. The company had revenue of $566.80 million for the quarter, compared to analysts expectations of $612.93 million. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.86 EPS.

PerkinElmer, Inc. is a global technology company which provides products and systems to the telecom, medical, pharmaceutical, chemical, semiconductor and photographic markets. The Company has operations in over 100 countries, and is a component of the S&P 500 Index. The Companys continuing operations are classified into four operating segments: Life Sciences, Optoelectronics, Instruments, and Fluid Sciences.


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