Algoma Central Co. (ALC) To Go Ex-Dividend on August 18th

Algoma Central Co. (TSE:ALC) announced a quarterly dividend on Tuesday, August 18th, TickerTech Dividends reports. Investors of record on Tuesday, September 1st will be given a dividend of 0.21 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th.

Algoma Central Trading Up 0.6%

Shares of Algoma Central stock opened at C$25.17 on Friday. The firm’s 50-day moving average price is C$22.84 and its two-hundred day moving average price is C$21.98. The company has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 5.96 and a beta of 0.96. The company has a quick ratio of 2.06, a current ratio of 0.69 and a debt-to-equity ratio of 73.18. Algoma Central has a 12-month low of C$16.31 and a 12-month high of C$25.50.

Algoma Central (TSE:ALC) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.88 earnings per share (EPS) for the quarter. Algoma Central had a net margin of 20.68% and a return on equity of 17.13%. The business had revenue of C$258.27 million for the quarter. On average, analysts forecast that Algoma Central will post 1.898977 earnings per share for the current fiscal year.

About Algoma Central

Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice ¿.