Cae Inc (NYSE:CAE) (TSE:CAE) declared a quarterly dividend on Wednesday, August 14th, Zacks reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.083 per share by the aerospace company on Monday, September 30th. This represents a $0.33 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from CAE’s previous quarterly dividend of $0.07.

CAE has raised its dividend payment by an average of 8.8% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.

NYSE CAE opened at $25.71 on Thursday. CAE has a twelve month low of $16.96 and a twelve month high of $28.03. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.83 and a current ratio of 1.12. The stock has a market cap of $7.17 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 2.58 and a beta of 0.78. The business’s 50 day moving average price is $27.10.

CAE (NYSE:CAE) (TSE:CAE) last issued its earnings results on Wednesday, August 14th. The aerospace company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). The company had revenue of $825.60 million for the quarter, compared to analyst estimates of $849.39 million. CAE had a net margin of 9.98% and a return on equity of 14.22%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. On average, equities research analysts expect that CAE will post 1.04 earnings per share for the current fiscal year.

Several research firms recently issued reports on CAE. National Bank Financial lowered shares of CAE from an “outperform” rating to a “sector perform” rating in a research note on Friday, April 26th. Desjardins lowered shares of CAE from a “buy” rating to a “hold” rating in a research note on Tuesday, May 21st. Zacks Investment Research lowered shares of CAE from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. BMO Capital Markets lowered shares of CAE from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 21st. Finally, CIBC reaffirmed a “hold” rating and issued a $37.00 price objective on shares of CAE in a research note on Wednesday, May 22nd. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $32.50.

CAE Company Profile

CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

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Dividend History for CAE (NYSE:CAE)

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