Algoma Central Co. (TSE:ALC) Declares Quarterly Dividend of $0.21

Algoma Central Co. (TSE:ALC) declared a quarterly dividend on Tuesday, August 18th, TickerTech Dividends reports. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.21 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, August 18th.

Algoma Central Stock Up 0.6%

Shares of ALC stock opened at C$25.17 on Friday. Algoma Central has a 1 year low of C$16.31 and a 1 year high of C$25.50. The company has a debt-to-equity ratio of 73.18, a quick ratio of 2.06 and a current ratio of 0.69. The business’s fifty day moving average is C$22.84 and its 200-day moving average is C$21.98. The stock has a market cap of C$1.02 billion, a PE ratio of 5.96 and a beta of 0.96.

Algoma Central (TSE:ALC) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.88 earnings per share for the quarter. Algoma Central had a return on equity of 17.13% and a net margin of 20.68%.The business had revenue of C$258.27 million during the quarter. Equities analysts expect that Algoma Central will post 1.898977 earnings per share for the current fiscal year.

About Algoma Central

Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice ¿.