Cargojet Dividend
Dividend criteria checks 3/6
Cargojet is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.1%
Dividend yield
54%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.23 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGJT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CGJT.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cargojet Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CGJT.F) | 1.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Logistics) | 3.3% |
Analyst forecast in 3 Years (CGJT.F) | 1.3% |
Notable Dividend: CGJT.F's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CGJT.F's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), CGJT.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CGJT.F is paying a dividend but the company has no free cash flows.