Brocade Communications Systems, Inc. (NASDAQ:BRCD) announces a quarterly dividend of $0.06



Brocade Communications Systems, Inc. (NASDAQ:BRCD) to go ex-dividend.
On 8/24/2017 Brocade Communications Systems, Inc. ( NASDAQ:BRCD ) announced that it will be issuing a quarterly dividend in the amount of $0.06 down from $0.06


Brocade Communications Systems, Inc. (NASDAQ:BRCD) Ex- dividend date

Brocade Communications Systems, Inc. (NASDAQ:BRCD) is set to go ex-dividend on and will be payable on 10/3/2017


Dividend History for Brocade Communications Systems, Inc. (NASDAQ:BRCD)
The next payable dividend for Brocade Communications Systems, Inc. is scheduled for 10/3/2017. There is an annual dividend of $$0.22 with a yield of 1.80% The payout ration for the trailing 12 months of earnings is 157.14% , 38.60% based on this years estimates and 28.57% based on next years projected estimates.

Recent Dividend History for Brocade Communications Systems, Inc. (NASDAQ:BRCD)

  • On 5/22/2014 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.04.
  • On 8/21/2014 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.04.
  • On 11/24/2014 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.04.
  • On 2/19/2015 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.04.
  • On 5/21/2015 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.05.
  • On 8/20/2015 Brocade Communications Systems, Inc. announced a quarterly dividend of $0.05.
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Recent Insider Trading for Brocade Communications Systems, Inc. (NASDAQ:BRCD)

  • On 6/14/2017 Ellen Odonnell, SVP, sold 7,811 with an average share price of $12.64 per share and the total transaction amounting to $98,731.04.
  • On 6/9/2017 Ken Cheng, SVP, sold 200,000 with an average share price of $12.62 per share and the total transaction amounting to $2,524,000.00.
  • On 6/8/2017 Ken Cheng, SVP, sold 68,488 with an average share price of $12.62 per share and the total transaction amounting to $864,318.56.
  • On 3/22/2017 Lloyd Carney, CEO, sold 1,050,916 with an average share price of $12.47 per share and the total transaction amounting to $13,104,922.52.
  • On 3/14/2017 Ellen Odonnell, SVP, sold 6,345 with an average share price of $12.37 per share and the total transaction amounting to $78,487.65.
  • On 12/14/2016 Lloyd Carney, CEO, sold 649,309 with an average share price of $12.40 per share and the total transaction amounting to $8,051,431.60.



Recent Analyst Rating for Brocade Communications Systems, Inc. (NASDAQ:BRCD)

  • On 8/17/2017 Robert W. Baird, Set Price Target, to Hold with a price target of $13.00
  • On 6/9/2017 Royal Bank Of Canada, Reiterated Rating, to Hold with a price target of $12.75
  • On 5/26/2017 Stifel Nicolaus, Reiterated Rating, to Hold with a price target of $12.75
  • On 3/30/2017 Wunderlich, Reiterated Rating, to sold
  • On 11/3/2016 DA Davidson, Downgrade, fromBuy to Neutral to Buy with a price target of $12.75
  • On 11/2/2016 Oppenheimer Holdings, Inc., Reiterated Rating, to Hold



Recent Trading for Brocade Communications Systems, Inc. (NASDAQ:BRCD)
Shares of Brocade Communications Systems, Inc. closed the previous trading session at 12.19 down -0.06 -0.49% with 6,641,020 shares trading hands.

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