Separately, Cormark set a C$11.00 price objective on shares of Chorus Aviation in a research note on Friday, August 10th.
Shares of TSE:CHR opened at C$6.91 on Wednesday. Chorus Aviation has a 1 year low of C$6.77 and a 1 year high of C$9.86.
The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 17th. Shareholders of record on Friday, September 28th were paid a dividend of $0.04 per share. The ex-dividend date was Thursday, September 27th. This represents a $0.48 annualized dividend and a yield of 6.95%.
In other Chorus Aviation news, insider Scott Tapson sold 21,204 shares of the company’s stock in a transaction dated Friday, August 24th. The shares were sold at an average price of C$7.70, for a total transaction of C$163,270.80.
Chorus Aviation Company Profile
Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 700 departures per weekday to 59 destinations in Canada, as well as 15 destinations in the United States.
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