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

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

Chorus Aviation Price Performance

Shares of TSE:CHR traded up C$0.57 on Friday, reaching C$28.07. The company’s stock had a trading volume of 34,437 shares, compared to its average volume of 42,315. The company has a 50-day simple moving average of C$26.81 and a 200 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 debt-to-equity ratio of 60.84, a quick ratio of 0.53 and a current ratio of 0.97. The company has a market cap of C$633.54 million, a P/E ratio of 14.18, a PEG ratio of 0.65 and a beta of 1.72.

Chorus Aviation (TSE:CHR) last announced its earnings results 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 for the quarter. Chorus Aviation had a net margin of 3.65% and a return on equity of 9.32%. As a group, equities research 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.