Algoma Central Co. (TSE:ALC) Announces $0.19 Quarterly Dividend

Algoma Central Co. (TSE:ALC) announced a quarterly dividend on Monday, November 18th,Zacks Dividends reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.19 per share on Monday, December 2nd. This represents a $0.76 annualized dividend and a yield of 5.02%. The ex-dividend date of this dividend is Monday, November 18th.

Algoma Central Trading Up 0.1 %

Shares of Algoma Central stock opened at C$15.14 on Friday. Algoma Central has a twelve month low of C$14.03 and a twelve month high of C$15.60. The company has a quick ratio of 2.06, a current ratio of 0.65 and a debt-to-equity ratio of 56.47. The business has a 50-day moving average price of C$14.85 and a 200-day moving average price of C$14.54. The firm has a market cap of C$614.23 million, a price-to-earnings ratio of 9.12 and a beta of 0.72.

Algoma Central Company Profile

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.