WestJet Airlines Ltd. (TSE:WJA) announced a quarterly dividend on Tuesday, October 30th, Zacks reports. Stockholders of record on Wednesday, December 12th will be given a dividend of 0.14 per share on Friday, December 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Tuesday, December 11th.

TSE WJA opened at C$20.54 on Thursday. WestJet Airlines has a 52-week low of C$16.82 and a 52-week high of C$27.85. The company has a debt-to-equity ratio of 87.39, a current ratio of 0.78 and a quick ratio of 0.65.

WestJet Airlines (TSE:WJA) last issued its earnings results on Tuesday, October 30th. The company reported C$0.40 EPS for the quarter, topping analysts’ consensus estimates of C$0.35 by C$0.05. The business had revenue of C$1.26 billion during the quarter, compared to analysts’ expectations of C$1.27 billion. As a group, sell-side analysts expect that WestJet Airlines will post 1.23759812288611 EPS for the current fiscal year.

A number of equities analysts recently commented on WJA shares. Cormark lifted their target price on shares of WestJet Airlines from C$22.00 to C$28.00 in a research report on Tuesday, October 2nd. JPMorgan Chase & Co. boosted their price objective on shares of WestJet Airlines from C$17.00 to C$18.00 in a research report on Friday, November 2nd. CIBC decreased their price objective on shares of WestJet Airlines from C$17.00 to C$16.00 in a research report on Wednesday, October 17th. National Bank Financial boosted their price objective on shares of WestJet Airlines from C$17.00 to C$18.50 and gave the company an “underperform” rating in a research report on Wednesday, October 31st. Finally, TD Securities boosted their price target on shares of WestJet Airlines from C$18.00 to C$19.00 and gave the company a “hold” rating in a research report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of C$20.41.

In related news, Director Colleen Johnston purchased 30,000 shares of WestJet Airlines stock in a transaction that occurred on Friday, November 2nd. The shares were bought at an average price of C$18.75 per share, for a total transaction of C$562,500.00.

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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.

See Also: Compound Annual Growth Rate (CAGR)

Dividend History for WestJet Airlines (TSE:WJA)

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