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

Chorus Aviation Inc. (TSE:CHR) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Chorus Aviation Price Performance

Shares of CHR traded up C$0.57 during mid-day trading on Friday, reaching C$28.07. 34,437 shares of the company’s stock were exchanged, compared to its average volume of 42,315. The company has a quick ratio of 0.53, a current ratio of 0.97 and a debt-to-equity ratio of 60.84. The company has a 50-day simple moving average of C$26.81 and a two-hundred day simple moving average of C$24.80. Chorus Aviation has a 52-week low of C$19.56 and a 52-week high of C$30.73. The company has a market cap of C$633.54 million, a price-to-earnings ratio of 14.18, a PEG ratio of 0.65 and a beta of 1.72.

Chorus Aviation (TSE:CHR) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.83 earnings per share (EPS) for the quarter. The firm had revenue of C$349.42 million during the quarter. Chorus Aviation had a return on equity of 9.32% and a net margin of 3.65%. On average, sell-side analysts predict 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.