Cargojet Inc (TSX: CJT) (OTC: CGJTF) declared a cash dividend of C$0.2860 per common voting share and variable voting share for the period from April 1, 2022, to June 30, 2022, representing an increase of 10.0% from the previous quarter.
Scotiabank analyst Konark Gupta downgrades Cargojet (TSX:CJT) from Sector Outperform to Sector Perform and lowers the price target from C$240 to C$195.
A union representing Canadian cargo pilots slammed a U.S. counterpart for criticism of employer Cargojet (TSX: CJT) over alleged efforts to undermine stricter duty-time regulations aimed at reducing fatigue, saying the remarks constitute interference in ongoing bargaining and a self-serving attempt to peel away its members.