Cargojet Inc. (TSE:CJT) to Issue $0.39 Quarterly Dividend

Cargojet Inc. (TSE:CJT) announced a quarterly dividend on Friday, September 18th. Stockholders of record on Monday, October 5th will be paid a dividend of 0.385 per share on Monday, October 5th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 18th.

Cargojet Price Performance

Cargojet stock opened at C$81.26 on Wednesday. The company has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 26.30 and a beta of 1.03. The company has a current ratio of 0.83, a quick ratio of 0.79 and a debt-to-equity ratio of 119.27. Cargojet has a 12 month low of C$65.60 and a 12 month high of C$100.94. The stock’s 50 day moving average is C$85.21 and its 200-day moving average is C$84.26.

Cargojet (TSE:CJT) last released its quarterly earnings results on Monday, August 10th. The company reported C$0.47 earnings per share (EPS) for the quarter. Cargojet had a return on equity of 6.30% and a net margin of 4.49%.The business had revenue of C$275.80 million during the quarter. Equities research analysts expect that Cargojet will post 5.890933 EPS for the current year.

About Cargojet

Cargojet is Canada’s leading provider of time-sensitive premium air cargo services to all major cities across North America, providing Dedicated, ACMI and International Charter services and carries over 25,000,000 pounds of cargo weekly. Cargojet operates its network with its own fleet of 41 aircraft.