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

Cargojet Inc. (TSE:CJTGet Free Report) declared a quarterly dividend on Friday, June 19th, TickerTech Dividends reports. Shareholders of record on Monday, July 6th will be given a dividend of 0.385 per share on Monday, July 6th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, June 19th.

Cargojet Trading Down 1.3%

TSE CJT opened at C$83.55 on Wednesday. Cargojet has a 12 month low of C$65.60 and a 12 month high of C$113.89. The company has a debt-to-equity ratio of 123.57, a current ratio of 0.91 and a quick ratio of 0.79. The company has a market capitalization of C$1.25 billion, a price-to-earnings ratio of 34.10 and a beta of 0.97. The company’s fifty day moving average price is C$82.48 and its two-hundred day moving average price is C$85.85.

Cargojet (TSE:CJTGet Free Report) last posted its quarterly earnings results on Monday, May 4th. The company reported C$0.60 earnings per share (EPS) for the quarter. Cargojet had a net margin of 3.64% and a return on equity of 4.92%. The company had revenue of C$254.70 million for the quarter. As a group, research analysts predict that Cargojet will post 5.890933 earnings per share for the current fiscal year.

About Cargojet

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Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.

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Dividend History for Cargojet (TSE:CJT)

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