Cae Inc (CAE) Declares Quarterly Dividend of $0.09
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.
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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.
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