Chorus Aviation Inc. (TSE:CHR) Announces Quarterly Dividend of $0.11

Chorus Aviation Inc. (TSE:CHR) declared a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be paid a dividend of 0.11 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, March 13th. This is a 37.5% increase from Chorus Aviation’s previous quarterly dividend of $0.08.

Chorus Aviation Stock Up 0.5%

TSE CHR traded up C$0.12 on Wednesday, hitting C$22.73. 13,955 shares of the stock were exchanged, compared to its average volume of 45,065. Chorus Aviation has a fifty-two week low of C$17.62 and a fifty-two week high of C$25.14. The company has a 50-day moving average price of C$22.29 and a 200-day moving average price of C$21.99. The company has a quick ratio of 0.53, a current ratio of 1.30 and a debt-to-equity ratio of 73.68. The company has a market cap of C$532.22 million, a PE ratio of 7.55, a PEG ratio of 0.65 and a beta of 1.54.

Chorus Aviation (TSE:CHR) last announced its quarterly earnings data on Thursday, February 12th. The company reported C$0.67 earnings per share for the quarter. The business had revenue of C$320.19 million for the quarter. Chorus Aviation had a net margin of 5.98% and a return on equity of 14.89%. Sell-side analysts anticipate that Chorus Aviation will post 0.3 EPS for the current fiscal year.

About Chorus Aviation

Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services.