Chorus Aviation Inc (TSE:CHR) declared a monthly dividend on Wednesday, November 21st, Zacks reports. Investors of record on Friday, November 30th will be given a dividend of 0.04 per share on Tuesday, December 18th. This represents a $0.48 annualized dividend and a yield of 7.50%. The ex-dividend date is Thursday, November 29th.

Chorus Aviation stock opened at C$6.40 on Thursday. The company has a debt-to-equity ratio of 316.31, a quick ratio of 0.74 and a current ratio of 0.94. Chorus Aviation has a one year low of C$6.28 and a one year high of C$9.86.

In other news, insider Scott Tapson sold 21,204 shares of the business’s stock in a transaction that occurred on Friday, August 24th. The stock was sold at an average price of C$7.70, for a total value of C$163,270.80.

CHR has been the topic of a number of recent analyst reports. Cormark set a C$11.00 target price on Chorus Aviation in a research report on Friday, August 10th. CIBC cut their target price on Chorus Aviation from C$11.00 to C$10.50 in a research report on Wednesday, October 17th. TD Securities cut their target price on Chorus Aviation from C$9.50 to C$9.00 and set a “buy” rating on the stock in a research report on Thursday, November 15th. Canaccord Genuity cut their target price on Chorus Aviation from C$10.00 to C$8.50 in a research report on Thursday, November 15th. Finally, National Bank Financial cut their target price on Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating on the stock in a research report on Thursday, November 15th.

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About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 700 departures per weekday to 59 destinations in Canada, as well as 15 destinations in the United States.

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Dividend History for Chorus Aviation (TSE:CHR)

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