Cargojet Dividends and Buybacks
Dividend criteria checks 3/6
Cargojet is a dividend paying company with a current yield of 1.14%. Next payment date is on 3rd January, 2025 with an ex-dividend date of 20th December, 2024.
Key information
1.1%
Dividend yield
8.1%
Buyback Yield
| Total Shareholder Yield | 9.2% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -12.1% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 20 Dec 24 |
| Dividend per share | CA$1.400 |
| Payout ratio | 932% |
Recent dividend and buyback updates
Recent updates
Cargojet's (TSE:CJT) Conservative Accounting Might Explain Soft Earnings
Nov 13
Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital
Sep 27Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet
Aug 28Should You Investigate Cargojet Inc. (TSE:CJT) At CA$130?
Jul 18Market Participants Recognise Cargojet Inc.'s (TSE:CJT) Revenues Pushing Shares 28% Higher
Jul 04Estimating The Fair Value Of Cargojet Inc. (TSE:CJT)
Jun 28Returns On Capital Signal Tricky Times Ahead For Cargojet (TSE:CJT)
May 29Is Cargojet (TSE:CJT) Using Too Much Debt?
Apr 11Cargojet Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 29Investor Optimism Abounds Cargojet Inc. (TSE:CJT) But Growth Is Lacking
Feb 14Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital
Jan 13Is Now An Opportune Moment To Examine Cargojet Inc. (TSE:CJT)?
Dec 21Cargojet (TSE:CJT) Will Pay A Larger Dividend Than Last Year At CA$0.3146
Nov 15Capital Allocation Trends At Cargojet (TSE:CJT) Aren't Ideal
Oct 03Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet
Sep 14What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?
Aug 18Cargojet (TSE:CJT) Is Paying Out A Dividend Of CA$0.286
Jun 09Cargojet (TSE:CJT) Is Due To Pay A Dividend Of CA$0.286
May 25Returns At Cargojet (TSE:CJT) Appear To Be Weighed Down
May 12Cargojet Inc.'s (TSE:CJT) Intrinsic Value Is Potentially 59% Above Its Share Price
Apr 08Why Cargojet Inc. (TSE:CJT) Could Be Worth Watching
Mar 07Returns At Cargojet (TSE:CJT) Appear To Be Weighed Down
Feb 02Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?
Jan 18What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?
Nov 14Investors Met With Slowing Returns on Capital At Cargojet (TSE:CJT)
Oct 31Is Cargojet (TSE:CJT) Using Too Much Debt?
Oct 19With EPS Growth And More, Cargojet (TSE:CJT) Makes An Interesting Case
Aug 30Cargojet (TSE:CJT) Takes On Some Risk With Its Use Of Debt
Jul 20The Returns At Cargojet (TSE:CJT) Aren't Growing
Jul 05Should You Be Adding Cargojet (TSE:CJT) To Your Watchlist Today?
May 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CJT's dividends per share have been stable in the past 10 years.
Growing Dividend: CJT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cargojet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CJT) | 1.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Logistics) | 3.4% |
| Analyst forecast (CJT) (up to 3 years) | 1.2% |
Notable Dividend: CJT's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: CJT's dividend (1.14%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (931.6%), CJT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.1%), CJT's dividend payments are well covered by cash flows.