Chorus Aviation Inc. (CHR) to Issue Quarterly Dividend of $0.11 on June 30th

Chorus Aviation Inc. (TSE:CHR) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given 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 stock remained flat at C$24.36 during midday trading on Friday. 9,776 shares of the company’s stock were exchanged, compared to its average volume of 38,989. Chorus Aviation has a one year low of C$19.56 and a one year high of C$25.28. The stock has a market capitalization of C$559.84 million, a P/E ratio of 9.37, a P/E/G ratio of 0.65 and a beta of 1.77. The business has a 50 day simple moving average of C$23.76 and a 200 day simple moving average of C$22.69. 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 released its quarterly earnings results 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 for the quarter. As a group, sell-side analysts predict that Chorus Aviation will post 0.3 earnings per share for the current 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.