Cargojet Dividends and Buybacks
Dividend criteria checks 3/6
Cargojet is a dividend paying company with a current yield of 1.17%. Next payment date is on 3rd January, 2025 with an ex-dividend date of 20th December, 2024.
Key information
1.2%
Dividend yield
8.3%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -12.1% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 20 Dec 24 |
| Dividend per share | US$1.020 |
| Payout ratio | 932% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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) | 1.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Logistics) | 3.4% |
| Analyst forecast (CGJT.F) (up to 3 years) | 1.3% |
Notable Dividend: CGJT.F's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CGJT.F's dividend (1.17%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (931.6%), CGJT.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.1%), CGJT.F's dividend payments are well covered by cash flows.