Chorus Aviation Inc T.CHR

"We have CHR initiating a quarterly dividend of $0.06/share"

[SleepingGiant64]

CIBC is out with a note on CHR, boosting target price to $3.50 from $3.25.

They see 2025 EPS at 33-cents from 25-cents.

They also highlight $250m in liquidity. If they can get an 11% return on that, it would add $26m in annual EBITDA but management better really nail some deals if it's going that route. I'd much rather see $100m dedicated to an SIB, which could take out around 15-18% of shares and would be accretive.

[equityresearch]

The reinstatement of the dividend would be great for shareholders. The market movements today are perplexing as the sale of the regional aircraft leasing segment is a positive by significantly reducing debt and allowing the company to focus on predictable free cash flows from their long-term contracts. Expecting the market to appreciate this move in the near future once they have digested the

[stwatcher]

Total BS

[flamingogold]

A quaterly dividend of 6¢/quarter equates to 2¢/mth. That is half of what they use to pay pre-covid (4¢/mth) when they did not have Falko on their back. It is certainly not out of the realm of possibility at all.

[luscar99]

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