tiprankstipranks
Company Announcements

Cargojet Declares Quarterly Dividend, Reinforces Shareholder Value

Story Highlights
Cargojet Declares Quarterly Dividend, Reinforces Shareholder Value

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from Cargojet ( (TSE:CJT) ).

Cargojet Inc. has announced a quarterly cash dividend of $0.35 per common and variable voting share for the period from January 1 to March 31, 2025. The record date for shareholders to receive the dividend is March 20, 2025, with payment expected by April 4, 2025. This move underscores Cargojet’s strong market positioning and commitment to shareholder returns, which may positively impact investor confidence in the company.

More about Cargojet

Cargojet is Canada’s leading provider of time-sensitive premium air cargo services, operating across major cities in North America. The company offers Dedicated, ACMI, and International Charter services and transports over 25 million pounds of cargo weekly using its own fleet of 41 aircraft.

YTD Price Performance: 0.43%

Average Trading Volume: 4,259

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.24B

For an in-depth examination of CJT stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1