WestJet Airlines Ltd. (WJA) to Issue $0.14 Quarterly Dividend

WestJet Airlines Ltd. (TSE:WJA) declared a quarterly dividend on Tuesday, December 12th, TickerTech reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.14 per share on Friday, December 29th. This represents a $0.56 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Tuesday, December 12th.

Shares of WestJet Airlines (WJA) remained flat at $C$26.40 during trading hours on Thursday. The company’s stock had a trading volume of 219,555 shares, compared to its average volume of 338,211. WestJet Airlines has a 12 month low of C$20.92 and a 12 month high of C$28.00.

In other WestJet Airlines news, Director Karen Sheriff acquired 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was acquired at an average price of C$25.55 per share, with a total value of C$102,200.00.

Several equities analysts have recently weighed in on the stock. National Bank Financial lifted their target price on shares of WestJet Airlines from C$27.00 to C$29.00 and gave the company a “sector perform” rating in a report on Thursday, October 12th. Canaccord Genuity lifted their target price on shares of WestJet Airlines from C$27.50 to C$28.00 in a report on Thursday, October 12th. CIBC lifted their target price on shares of WestJet Airlines from C$27.00 to C$29.50 in a report on Friday, October 13th. TD Securities cut their target price on shares of WestJet Airlines from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Wednesday, November 1st. Finally, Scotiabank lifted their price target on shares of WestJet Airlines from C$28.25 to C$29.50 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$27.08.

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WestJet Airlines Company Profile

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.

Dividend History for WestJet Airlines (TSE:WJA)

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