Cae Inc (TSE:CAE) (NYSE:CAE) announced a quarterly dividend on Thursday, December 14th, TickerTech reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.09 per share on Friday, December 29th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Thursday, December 14th.

CAE (CAE) traded up C$0.02 on Friday, reaching C$22.43. 626,200 shares of the company traded hands, compared to its average volume of 514,927. CAE has a 1-year low of C$18.35 and a 1-year high of C$23.39.

In related news, insider Nick Leontidis bought 4,000 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was purchased at an average price of C$21.83 per share, with a total value of C$87,320.00.

Several research firms recently weighed in on CAE. TD Securities upped their price objective on shares of CAE from C$22.00 to C$23.00 and gave the stock a “hold” rating in a research report on Friday, August 11th. Scotiabank upped their price objective on shares of CAE from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Raymond James Financial cut their price objective on shares of CAE from C$22.00 to C$21.00 and set a “market perform” rating for the company in a research report on Monday, November 13th. Royal Bank Of Canada upped their price objective on shares of CAE from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Monday, November 6th. Finally, CIBC upped their price objective on shares of CAE from C$23.00 to C$24.00 in a research report on Thursday, November 2nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$23.75.

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About CAE

CAE Inc, together with its subsidiaries, designs, manufactures, and supplies simulation equipment worldwide. It operates in three segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.

Dividend History for CAE (TSE:CAE)

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