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Cargojet Announces Quarterly Dividend, Reinforcing Market Position

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Cargojet Announces Quarterly Dividend, Reinforcing Market Position

Confident Investing Starts Here:

Cargojet ( (TSE:CJT) ) has shared an update.

Cargojet Inc. has announced a quarterly cash dividend of $0.35 per common voting share for the period from April 1, 2025, to June 30, 2025, with a record date of June 20, 2025, and payment by July 4, 2025. This move reflects Cargojet’s stable financial position and commitment to returning value to shareholders, potentially enhancing its attractiveness to investors and solidifying its market position in the air cargo industry.

The most recent analyst rating on (TSE:CJT) stock is a Hold with a C$120.00 price target. To see the full list of analyst forecasts on Cargojet stock, see the TSE:CJT Stock Forecast page.

Spark’s Take on TSE:CJT Stock

According to Spark, TipRanks’ AI Analyst, TSE:CJT is a Outperform.

Cargojet receives a strong score driven by robust financial performance and strategic growth, despite some leverage and cash flow concerns. Positive technical indicators and an attractive valuation further support the score, with earnings call insights emphasizing strategic initiatives and operational efficiency.

To see Spark’s full report on TSE:CJT stock, click here.

More about Cargojet

Cargojet is Canada’s leading provider of time-sensitive premium air cargo services, offering Dedicated, ACMI, and International Charter services to major cities across North America. The company operates a fleet of 41 aircraft and transports over 25 million pounds of cargo weekly.

Average Trading Volume: 90,597

Technical Sentiment Signal: Sell

Current Market Cap: C$1.41B

Find detailed analytics on CJT stock on TipRanks’ Stock Analysis page.

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