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

Cargojet Inc. (TSE:CJT) announced a quarterly dividend on Friday, June 19th, TickerTech Dividends reports. Investors 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 dividend yield of 1.8%. The ex-dividend date is Friday, June 19th.

Cargojet Stock Down 1.3%

Cargojet stock opened at C$83.55 on Wednesday. The stock has a market cap of C$1.25 billion, a price-to-earnings ratio of 34.10 and a beta of 0.97. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 123.57. The company’s 50-day moving average price is C$82.48 and its two-hundred day moving average price is C$85.85. Cargojet has a 52 week low of C$65.60 and a 52 week high of C$113.89.

Cargojet (TSE:CJT) last released its earnings results on Monday, May 4th. The company reported C$0.60 EPS for the quarter. The firm had revenue of C$254.70 million for the quarter. Cargojet had a net margin of 3.64% and a return on equity of 4.92%. On average, analysts expect that Cargojet will post 5.890933 EPS for the current fiscal year.

About Cargojet

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.