Algoma Central Co. (TSE:ALC – Get Free Report) announced a quarterly dividend on Friday, May 15th, TickerTech Dividends reports. Investors of record on Monday, June 1st will be given a dividend of 0.21 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, May 15th.
Algoma Central Trading Down 0.3%
Shares of TSE ALC traded down C$0.07 during trading hours on Wednesday, hitting C$22.08. The company’s stock had a trading volume of 8,552 shares, compared to its average volume of 9,490. The company has a debt-to-equity ratio of 61.22, a quick ratio of 2.06 and a current ratio of 0.48. The stock has a market cap of C$895.74 million, a price-to-earnings ratio of 5.32 and a beta of 0.93. Algoma Central has a 12 month low of C$15.65 and a 12 month high of C$24.10. The business has a 50-day simple moving average of C$21.56 and a 200-day simple moving average of C$20.12.
Algoma Central (TSE:ALC – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported C$0.05 earnings per share (EPS) for the quarter. The company had revenue of C$127.78 million for the quarter. Algoma Central had a return on equity of 17.62% and a net margin of 21.56%. On average, analysts anticipate that Algoma Central will post 1.898977 earnings per share for the current fiscal year.
About Algoma Central
Algoma Central Corp owns and operates the fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company’s Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.
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