WestJet Airlines Ltd. Declares Quarterly Dividend of $0.14 (WJA)

WestJet Airlines Ltd. (TSE:WJA) announced a quarterly dividend on Tuesday, March 12th, TickerTech reports. Stockholders of record on Friday, March 29th will be paid a dividend of 0.14 per share on Friday, March 29th. This represents a $0.56 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Tuesday, March 12th.

Shares of TSE:WJA opened at C$20.82 on Thursday. The company has a market cap of $2.37 billion and a PE ratio of 26.03. The company has a debt-to-equity ratio of 86.02, a quick ratio of 0.65 and a current ratio of 0.78. WestJet Airlines has a 12 month low of C$16.71 and a 12 month high of C$25.91.

WestJet Airlines (TSE:WJA) last announced its quarterly earnings results on Tuesday, February 5th. The company reported C$0.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.09 by C$0.17. The firm had revenue of C$1.19 billion for the quarter, compared to analysts’ expectations of C$1.19 billion. Analysts expect that WestJet Airlines will post 2.16000009354331 EPS for the current fiscal year.

A number of research analysts have weighed in on WJA shares. Cowen increased their price target on WestJet Airlines from C$20.00 to C$22.00 in a research note on Monday, December 3rd. CIBC upped their price objective on WestJet Airlines from C$16.00 to C$20.00 and gave the stock an “average” rating in a report on Wednesday, December 5th. Canaccord Genuity upped their price objective on WestJet Airlines from C$20.00 to C$21.00 in a report on Wednesday, December 5th. AltaCorp Capital upgraded WestJet Airlines from an “underperform” rating to a “sector perform” rating in a report on Wednesday, December 5th. Finally, JPMorgan Chase & Co. upped their price objective on WestJet Airlines from C$18.00 to C$20.50 in a report on Thursday, December 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of C$21.61.

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WestJet Airlines Company Profile

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company offers scheduled flights, as well as cargo and charter services. It also operates WestJet Vacations that provides air, hotel, car, and excursion packages, as well as WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States.

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Dividend History for WestJet Airlines (TSE:WJA)

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