Algoma Central (TSE:ALC) Announces Earnings Results

Algoma Central (TSE:ALCGet Free Report) issued its quarterly earnings data on Friday. The company reported C$0.88 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$258.27 million during the quarter. Algoma Central had a net margin of 21.56% and a return on equity of 17.62%.

Algoma Central Price Performance

ALC opened at C$23.47 on Friday. The company has a current ratio of 0.48, a quick ratio of 2.06 and a debt-to-equity ratio of 61.22. Algoma Central has a twelve month low of C$16.31 and a twelve month high of C$24.10. The company has a fifty day simple moving average of C$22.60 and a 200 day simple moving average of C$21.81. The firm has a market cap of C$952.13 million, a price-to-earnings ratio of 5.66 and a beta of 0.96.

Algoma Central Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, June 1st were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Friday, May 15th. Algoma Central’s dividend payout ratio (DPR) is presently 19.52%.

Algoma Central Company Profile

(Get Free Report)

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 ¿.

See Also

Earnings History for Algoma Central (TSE:ALC)

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