Cargojet Dividend
Dividend criteria checks 3/6
Cargojet is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
54%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.23 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Is Cargojet (TSE:CJT) Using Too Much Debt?
Apr 11
Cargojet 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 14Is Cargojet (TSE:CJT) Using Too Much Debt?
Mar 14Here's What To Make Of Cargojet's (TSE:CJT) Decelerating Rates Of Return
Feb 19Cargojet (TSE:CJT) Seems To Use Debt Quite Sensibly
Dec 08Cargojet's (TSE:CJT) Returns On Capital Are Heading Higher
Oct 05Is There An Opportunity With Cargojet Inc.'s (TSE:CJT) 47% Undervaluation?
Jun 25Does Cargojet (TSE:CJT) Have A Healthy Balance Sheet?
May 07Stability 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) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Logistics) | 3.4% |
| Analyst forecast in 3 Years (CJT) | 1.3% |
Notable Dividend: CJT's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: CJT's dividend (1.12%) is low compared to the top 25% of dividend payers in the Canadian market (6.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), CJT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CJT is paying a dividend but the company has no free cash flows.