How much dividend does Cargojet pay?
Over the past 12 months, Cargojet paid a dividend of 1.17 CAD . This corresponds to a dividend yield of about 0.86 %. For the coming 12 months, Cargojet is expected to pay a dividend of 1.37 CAD.
Cargojet Dividend 2024
Cargojet Dividend
1.17 CAD
Cargojet Dividend yield
0.86 %
Ticker
CJT.TO
ISIN
CA14179V5036
WKN
A2PKMF
How much dividend does Cargojet 2024 pay?
According to the latest status from October 2024, Cargojet paid a total of 1.17 CAD per share in dividends within the last 12 months. With the current Cargojet price of 136.31 CAD, this corresponds to a dividend yield of 0.86 %. A dividend is paid times per year.
| 0.86 % Dividend Yield | = |
|
Historical Cargojet Dividends
A dividend is paid times per year. Last year, the payout months were January, April, July and October.
| Paydate | Dividend |
|---|---|
| 10/20/2024 | 0.35 |
| 7/20/2024 | 0.31 |
| 4/19/2024 | 0.31 |
| 1/19/2024 | 0.31 |
| 10/19/2023 | 0.29 |
| 7/19/2023 | 0.29 |
| 4/17/2023 | 0.29 |
| 1/19/2023 | 0.29 |
| 10/19/2022 | 0.29 |
| 7/17/2022 | 0.29 |
| 4/18/2022 | 0.26 |
| 1/17/2022 | 0.26 |
| 10/17/2021 | 0.26 |
| 7/21/2021 | 0.26 |
| 4/18/2021 | 0.26 |
| 1/18/2021 | 0.23 |
| 10/18/2020 | 0.23 |
| 7/18/2020 | 0.23 |
| 4/19/2020 | 0.23 |
| 1/19/2020 | 0.23 |
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Cargojet dividend history and estimates CA14179V5036 · A2PKMF
In 2023, Cargojet paid a dividend amounting to 1.17 CAD. Dividend means that Cargojet distributes a portion of its profits to its owners.
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Dividend
ⓘDividend Overview
The dividend per year chart for Cargojet provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Cargojet’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Cargojet's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Cargojet Dividend History
| Date | Cargojet Dividend |
|---|---|
| 2027e | 1.37 CAD |
| 2026e | 1.36 CAD |
| 2025e | 1.37 CAD |
| 2024e | 1.38 CAD |
| 2023 | 1.17 CAD |
| 2022 | 1.12 CAD |
| 2021 | 1.04 CAD |
| 2020 | 0.94 CAD |
| 2019 | 0.94 CAD |
| 2018 | 0.85 CAD |
| 2017 | 0.77 CAD |
| 2016 | 0.65 CAD |
| 2015 | 0.6 CAD |
| 2014 | 0.6 CAD |
| 2013 | 0.5 CAD |
| 2012 | 0.58 CAD |
| 2011 | 0.53 CAD |
| 2010 | 0.5 CAD |
| 2009 | 0.79 CAD |
| 2008 | 0.98 CAD |
| 2007 | 1.15 CAD |
| 2006 | 1.11 CAD |
| 2005 | 0.62 CAD |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0 CAD | 0 CAD |
| 2005 | 0.62 CAD | 0 CAD |
| 2006 | 1.11 CAD | 0 CAD |
| 2007 | 1.15 CAD | 0 CAD |
| 2008 | 0.98 CAD | 0 CAD |
| 2009 | 0.79 CAD | 0 CAD |
| 2010 | 0.5 CAD | 0 CAD |
| 2011 | 0.53 CAD | 0 CAD |
| 2012 | 0.58 CAD | 0 CAD |
| 2013 | 0.5 CAD | 0 CAD |
| 2014 | 0.6 CAD | 0 CAD |
| 2015 | 0.6 CAD | 0 CAD |
| 2016 | 0.65 CAD | 0 CAD |
| 2017 | 0.77 CAD | 0 CAD |
| 2018 | 0.85 CAD | 0 CAD |
| 2019 | 0.94 CAD | 0 CAD |
| 2020 | 0.94 CAD | 0 CAD |
| 2021 | 1.04 CAD | 0 CAD |
| 2022 | 1.12 CAD | 0 CAD |
| 2023 | 1.17 CAD | 0 CAD |
| 2024e | 0 CAD | 1.38 CAD |
| 2025e | 0 CAD | 1.37 CAD |
| 2026e | 0 CAD | 1.36 CAD |
| 2027e | 0 CAD | 1.37 CAD |
Is the Cargojet Dividend Safe?
Cargojet has been increasing the dividend for 3 years.
Over the past 10 years, Cargojet has increased it by an annual 8.913 %.
Over a five-year period, the distribution increased by 6.697%.
Analysts expect a Dividend Increase of 8.531% for the current fiscal year.
Cargojet dividend payout ratio CA14179V5036 · A2PKMF
In 2023, Cargojet had a payout ratio of 44.32%. The payout ratio indicates the percentage of the company's profits that Cargojet distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Cargojet represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Cargojet could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Cargojet's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Cargojet Payout Ratio History
| Date | Cargojet Payout ratio |
|---|---|
| 2027e | 26.52 % |
| 2026e | 30.97 % |
| 2025e | 26.2 % |
| 2024e | 22.39 % |
| 2023 | 44.32 % |
| 2022 | 11.91 % |
| 2021 | 10.93 % |
| 2020 | -16.63 % |
| 2019 | 110.12 % |
| 2018 | 56.53 % |
| 2017 | 39.29 % |
| 2016 | 294.64 % |
| 2015 | -32.06 % |
| 2014 | -55.74 % |
| 2013 | 118.88 % |
| 2012 | 130.7 % |
| 2011 | 112.98 % |
| 2010 | 64.62 % |
| 2009 | 103.05 % |
| 2008 | -2,458.5 % |
| 2007 | 192.48 % |
| 2006 | 214.31 % |
| 2005 | 1,234.8 % |
| 2004 | 44.32 % |
| Payout ratio | |
|---|---|
| 2004 | 44.32 % |
| 2005 | 1,234.8 % |
| 2006 | 214.31 % |
| 2007 | 192.48 % |
| 2008 | -2,458.5 % |
| 2009 | 103.05 % |
| 2010 | 64.62 % |
| 2011 | 112.98 % |
| 2012 | 130.7 % |
| 2013 | 118.88 % |
| 2014 | -55.74 % |
| 2015 | -32.06 % |
| 2016 | 294.64 % |
| 2017 | 39.29 % |
| 2018 | 56.53 % |
| 2019 | 110.12 % |
| 2020 | -16.63 % |
| 2021 | 10.93 % |
| 2022 | 11.91 % |
| 2023 | 44.32 % |
| 2024e | 22.39 % |
| 2025e | 26.2 % |
| 2026e | 30.97 % |
| 2027e | 26.52 % |
Dividend Details
Understanding Cargojet's Dividend Distributions
Cargojet’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Cargojet's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Cargojet's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Cargojet’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Cargojet Aktienanalyse
What does Cargojet do?
Cargojet Inc is a leading air cargo company in Canada based in Mississauga, Ontario. The company was founded in 2002 and has been listed on the Toronto Stock Exchange since 2012. Cargojet offers high-quality air freight services within Canada and internationally. The history of Cargojet dates back to 2002 when the company was founded by Ajay Virmani. Virmani had previously worked in the air cargo industry and recognized the potential for a specialized air cargo company in Canada. The company started with a single aircraft and a limited network of flight connections. However, over the years, the company has grown significantly and is now one of the largest air cargo providers in Canada. Cargojet's business model is based on providing air freight services to various industries, such as logistics companies, e-commerce firms, automotive manufacturers, pharmaceutical and food industries, as well as government agencies. The company has an extensive fleet of cargo aircraft and offers both domestic and international air freight services. Cargojet is divided into various segments to meet the needs of its customers. These segments include national air cargo, international air cargo, ground handling services, and ACMI (Aircraft, Crew, Maintenance, and Insurance) charter services. With its strong presence and comprehensive coverage within Canada, Cargojet is well positioned to operate as an integrated air cargo provider. In addition to standardized air freight services, Cargojet also offers specialized services to meet the needs of its customers. The company has extensive experience in air freight logistics and provides customized solutions for customers with specific requirements. In addition to its core business areas, Cargojet is also involved in air mail delivery and works closely with the Canadian Post to ensure fast and reliable delivery of airmail. The company is also responsible for the delivery of medical supplies within Canada and played a crucial role in the distribution of COVID-19 vaccines within the country. Overall, Cargojet offers a comprehensive range of air freight services and is an important partner for companies in need of fast and reliable delivery of goods. The company has experienced strong growth in recent years and continues to work on improving its services and expanding its presence in the international market. Cargojet is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Cargojet stock
What is the dividend yield of Cargojet?
The current dividend yield of Cargojet is 0.86 %.
When does Cargojet pay dividends?
Cargojet pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Cargojet?
Cargojet paid dividends every year for the past 23 years.
What is the dividend of Cargojet?
For the upcoming 12 months, dividends amounting to 1.37 CAD are expected. This corresponds to a dividend yield of 1.01 %.
In which sector is Cargojet located?
Cargojet is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cargojet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cargojet from 10/4/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.
When did Cargojet pay the last dividend?
The last dividend was paid out on 10/4/2024.
What was the dividend of Cargojet in the year 2023?
In the year 2023, Cargojet distributed 1.118 CAD as dividends.
In which currency does Cargojet pay out the dividend?
The dividends of Cargojet are distributed in CAD.
Andere Kennzahlen von Cargojet
Our stock analysis for Cargojet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cargojet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
