Cargojet Dividends

CJT Stock  CAD 121.54  1.61  1.31%   
As of the 26th of November 2024, Dividend Payout Ratio is likely to grow to 0.66, while Dividends Paid is likely to drop about 10.5 M. Cargojet's past performance could be the main factor of why investors trade Cargojet stock today. Investors should clearly understand every aspect of the Cargojet dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Cargojet's dividend schedule and payout information. Cargojet dividends can also provide a clue to the current valuation of Cargojet.
 
Number Of Dividends  
Years Issued
20
Previous Year
4 Times
Current Year
4 Times
Year Average
6.25
Volatility
3.49
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Last ReportedProjected for Next Year
Dividends Paid19.7 M10.5 M
Dividend Yield 0.01  0.01 
Dividend Payout Ratio 0.53  0.66 
Dividend Paid And Capex Coverage Ratio 0.67  0.64 
One of the primary advantages of investing in dividend-paying companies such as Cargojet is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Cargojet is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Cargojet must own a stock before its ex-dividend date to receive its next dividend.

Cargojet Past Distributions to stockholders

Please note, there is a significant difference between Cargojet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cargojet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cargojet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

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