WestJet Airlines Ltd. (TSE:WJA) announced a quarterly dividend on Tuesday, February 6th, Zacks reports. Shareholders of record on Wednesday, March 14th will be given a dividend of 0.14 per share on Friday, March 30th. This represents a $0.56 annualized dividend and a yield of 2.30%. The ex-dividend date is Tuesday, March 13th.
Shares of WestJet Airlines (TSE:WJA) opened at C$24.31 on Monday. WestJet Airlines has a 1-year low of C$21.54 and a 1-year high of C$28.00. The company has a market cap of $2,770.00, a price-to-earnings ratio of 10.05 and a beta of 0.54.
WJA has been the topic of several recent research reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a C$27.00 price target on shares of WestJet Airlines in a report on Monday, November 13th. Royal Bank of Canada upped their price target on shares of WestJet Airlines from C$28.00 to C$30.00 and gave the company a “sector perform” rating in a report on Thursday, December 7th. Scotiabank upped their price target on shares of WestJet Airlines from C$29.50 to C$31.00 and gave the company an “outperform” rating in a report on Thursday, December 7th. CIBC upped their price objective on shares of WestJet Airlines from C$29.00 to C$30.00 in a research report on Thursday, January 4th. Finally, Raymond James Financial upgraded shares of WestJet Airlines from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from C$28.00 to C$31.00 in a research report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of C$27.95.
WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and the United States.
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