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

Cargojet Inc. (TSE:CJT) declared a quarterly dividend on Friday, September 18th. Stockholders of record on Monday, October 5th will be given 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

Shares of CJT stock opened at C$81.26 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.83 and a debt-to-equity ratio of 119.27. Cargojet has a twelve month low of C$65.60 and a twelve month high of C$100.94. The company has a market cap of C$1.20 billion, a P/E ratio of 26.30 and a beta of 1.03. The business has a fifty day simple moving average of C$85.21 and a 200 day simple moving average of C$84.26.

Cargojet (TSE:CJT) last released its earnings results on Monday, August 10th. The company reported C$0.47 earnings per share (EPS) for the quarter. The firm had revenue of C$275.80 million for the quarter. Cargojet had a return on equity of 6.30% and a net margin of 4.49%. On average, sell-side analysts forecast that Cargojet will post 5.890933 EPS for the current fiscal 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.