Monday, November 12, 2012

CJT - Cargojet Increases Dividend by 5.0% (CAD 0.1491)

Company: Cargojet Inc.
Stock Name: CJT
Amount: CAD 0.1491
Announcement Date: 12/11/2012
Record Date: 18/12/2012

Dividend Detail:




MISSISSAUGA, ON, Nov. 12, 2012 /CNW/ - The Board of Cargojet Inc. (TSX:
CJT, CJT.A) announced today that it has increased its annualized
dividend rate by 5.0% from $0.5680 to $0.5964 per common voting share
and variable voting share effective October 1, 2012.�� Additionally, the
Board of Cargojet Inc. has announced a cash dividend of $0.1491 per
share for the period from October 1, 2012 to December 31, 2012.�� The
dividend will be paid to all shareholders of record as at the close of
business on December 20, 2012 and will be payable on or before January
4, 2013
.



Cargojet is Canada's leading provider of time sensitive overnight air
cargo services and operates a network across North America as well as
global air charters.



Notice on Forward Looking Statements:



Certain statements contained herein constitute "forward-looking
statements".�� Forward-looking statements look into the future and
provide an opinion as to the effect of certain events and trends on the
business.�� Forward-looking statements may include words such as
"plans," "intends," "anticipates," "should," "estimates," "expects,"
"believes," "indicates," "targeting," "suggests" and similar
expressions.�� These forward-looking statements are based on current
expectations and entail various risks and uncertainties. Reference
should be made to the issuer's most recent Annual Information Form
filed with the Canadian securities regulators, and its most recent
Annual Consolidated Financial Statements and Quarterly Financial
Statements and Notes thereto and related Management's Discussion and
Analysis (MD&A), for a summary of major risks. Actual results may
materially differ from expectations, if known and unknown risks or
uncertainties affect our business, or if our estimates or assumptions
prove inaccurate.�� The issuer assumes no obligation to update or revise
any forward-looking statement, whether as a result of new information,
future events or any other reason, other than as required by applicable
securities laws. In the event the issuer does update any
forward-looking statement, no inference should be made that the issuer
will make additional updates with respect to that statement, related
matters, or any other forward-looking statement.



SOURCE: Cargojet Inc.







For further information:

P. Dhillon
Vice President Marketing, Public & Government Relations
Tel: (905) 501-7373
pdhillon@cargojet.com









No comments:

Post a Comment