Algoma Central Co. (TSE:ALC) Plans $0.21 Quarterly Dividend

Algoma Central Co. (TSE:ALC) announced a quarterly dividend on Tuesday, August 18th, TickerTech Dividends reports. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.21 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, August 18th.

Algoma Central Trading Up 0.6%

Shares of TSE ALC opened at C$25.17 on Friday. Algoma Central has a 12 month low of C$16.31 and a 12 month high of C$25.50. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of 5.96 and a beta of 0.96. The company has a quick ratio of 2.06, a current ratio of 0.69 and a debt-to-equity ratio of 73.18. The business has a fifty day simple moving average of C$22.84 and a 200-day simple moving average of C$21.98.

Algoma Central (TSE:ALC) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.88 earnings per share for the quarter. The business had revenue of C$258.27 million during the quarter. Algoma Central had a return on equity of 17.13% and a net margin of 20.68%. Sell-side analysts predict that Algoma Central will post 1.898977 EPS for the current year.

Algoma Central Company Profile

Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice ¿.