Cargojet boosts QTR div 10% to $0.385 per share

Cargojet boosts QTR div 10% to $0.385 per share

Cargojet Increases Quarterly Dividend by 10% to $0.385 Per Share
February 24, 2026

Cargojet Inc. (CJT) has announced a 10% increase in its quarterly dividend, raising the payout to $0.385 per share from $0.35 per share. The adjustment reflects the company's ongoing commitment to distributing value to shareholders while maintaining financial flexibility according to the announcement.

The updated dividend, representing an annualized rate of $1.54 per share, is effective for the current quarter. The ex-dividend date and payment schedule will follow the company's standard dividend calendar, though specific dates were not disclosed in the announcement. This marks the latest adjustment in Cargojet's dividend policy, which has evolved in response to operational performance and market conditions.

The increase aligns with Cargojet's strategy to balance shareholder returns with reinvestment in core operations. Over the past year, the company has emphasized optimizing its cargo transportation network and expanding capacity to meet growing demand. While no direct correlation was drawn between the dividend hike and recent financial results, the move signals confidence in the company's ability to sustain cash flow generation.

For investors, the higher dividend enhances the appeal of Cargojet's equity, particularly in a low-interest-rate environment where yield-driven strategies remain prominent. However, analysts caution that dividend sustainability depends on continued operational efficiency and macroeconomic stability.

Cargojet has not provided formal guidance on future dividend adjustments but reiterated its focus on long-term value creation. Shareholders are advised to monitor the company's quarterly reports for updates on financial performance and capital allocation decisions.

[引用越界:1]: Cargojet's dividend announcement, based on publicly disclosed corporate communications.

This article is for informational purposes only and does not constitute financial advice.