Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Cargojet ( (TSE:CJT) ) just unveiled an update.
Cargojet Inc. has raised its quarterly cash dividend to $0.385 per common and variable voting share for the period from January 1 to March 31, 2026, marking a 10% increase from the previous quarter. The dividend, designated as an eligible dividend for Canadian tax purposes, will be paid on or before April 2, 2026 to shareholders of record as of March 20, 2026.
Management framed the higher payout as a signal of the company’s operational resilience and confidence in its performance, while reinforcing a strategy of disciplined capital allocation. The move underscores Cargojet’s commitment to returning capital to shareholders, potentially enhancing its appeal to income-focused investors in the air cargo and transportation sector.
The most recent analyst rating on (TSE:CJT) stock is a Buy with a C$106.00 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 Neutral.
Cargojet’s overall stock score reflects a moderate financial performance with strengths in profitability but weaknesses in revenue growth and cash flow management. The technical analysis indicates mixed signals, while the valuation suggests the stock is undervalued. The earnings call provided positive insights into domestic growth and strategic initiatives, but global trade uncertainties pose challenges.
To see Spark’s full report on TSE:CJT stock, click here.
More about Cargojet
Cargojet Inc. is Canada’s leading provider of time-sensitive premium air cargo services, operating a network that connects all major cities across North America. The company offers Dedicated, ACMI and international charter services and moves over 25 million pounds of cargo weekly using its own fleet of 41 aircraft, serving logistics, e-commerce and freight customers that require reliable, overnight delivery.
Average Trading Volume: 111,945
Technical Sentiment Signal: Hold
Current Market Cap: C$1.45B
Learn more about CJT stock on TipRanks’ Stock Analysis page.