Cargojet About To Put More Money In Your Pocket (CJT)

On 12/17/14, Cargojet, Inc. (TSX: CJT.TO) will trade ex-dividend, for its quarterly dividend of $0.1491, payable on 1/5/15. As a percentage of CJT's recent stock price of $25.82, this dividend works out to approximately 0.58%, so look for shares of Cargojet, Inc. to trade 0.58% lower — all else being equal — when CJT shares open for trading on 12/17/14.

Below is a dividend history chart for CJT, showing historical dividends prior to the most recent $0.1491 declared by Cargojet, Inc.:

CJT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CJT is likely to continue, and whether the current estimated yield of 2.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CJT shares:

Cargojet, Inc. 200 Day Moving Average Chart

Looking at the chart above, CJT's low point in its 52 week range is $12.85 per share, with $26.65 as the 52 week high point — that compares with a last trade of $25.82.

In Monday trading, Cargojet, Inc. shares are currently off about 0.7% on the day.

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