Algoma Central Co. (TSE:ALC - Get Free Report) declared a quarterly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.20 per share on Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Algoma Central's previous quarterly dividend of $0.19.
Algoma Central Stock Down 0.8 %
Shares of TSE ALC traded down C$0.12 during trading on Friday, hitting C$15.08. The stock had a trading volume of 3,196 shares, compared to its average volume of 6,309. The company has a debt-to-equity ratio of 50.70, a current ratio of 0.76 and a quick ratio of 2.06. The firm has a fifty day moving average of C$14.76 and a two-hundred day moving average of C$14.76. Algoma Central has a 12 month low of C$14.03 and a 12 month high of C$15.60. The company has a market capitalization of C$617.40 million, a PE ratio of 8.37 and a beta of 0.72.
About Algoma Central
(
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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.
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