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

Chorus Aviation Inc. (TSE:CHR) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.11 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 15th.

Chorus Aviation Stock Performance

Shares of CHR remained flat at C$24.36 during midday trading on Friday. 9,776 shares of the stock were exchanged, compared to its average volume of 38,989. The company’s 50 day simple moving average is C$23.76 and its 200 day simple moving average is C$22.69. Chorus Aviation has a 52 week low of C$19.56 and a 52 week high of C$25.28. The stock has a market cap of C$559.84 million, a price-to-earnings ratio of 9.37, a PEG ratio of 0.65 and a beta of 1.77. The company has a debt-to-equity ratio of 76.81, a quick ratio of 0.53 and a current ratio of 1.38.

Chorus Aviation (TSE:CHR) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.29 EPS for the quarter. Chorus Aviation had a net margin of 5.16% and a return on equity of 12.73%. The company had revenue of C$325.42 million during the quarter. As a group, research analysts forecast 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.