The Estée Lauder Companies Inc. Increases Quarterly Dividend 25% to $.30 Per Share

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Estée Lauder (EL) Reports Better-Than-Feared 1Q Results; Stifel Reiterates Buy

November 2, 2015 4:48 PM EST

Stifel reiterated a Buy rating on Estee Lauder (NYSE: EL), and raised the price target to $96.00 (from $95.00), following the company's 1Q16 earnings results. The result is better-than-feared, with sales growth upside and the reiteration of full-year sales expectations most important, particularly given reported... More

Estée Lauder (EL) Raises Quarterly Dividend 25% to $0.30; 1.5% Yield

November 2, 2015 6:31 AM EST

Estée Lauder (NYSE: EL) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 25% increase from the prior dividend of $0.24.

The dividend will be payable on December 15, 2015, to stockholders of record on November 30, 2015, with an ex-dividend date of November 25,... More