Algoma Central Co. (
TSE:ALC -
Get Free Report)'s stock price reached a new 52-week high on Friday . The stock traded as high as C$17.75 and last traded at C$17.75, with a volume of 12800 shares changing hands. The stock had previously closed at C$17.26.
Algoma Central Stock Performance
The stock has a market cap of C$720.08 million, a price-to-earnings ratio of 7.04 and a beta of 0.16. The stock's fifty day moving average is C$17.05 and its 200-day moving average is C$16.22. The company has a quick ratio of 2.06, a current ratio of 0.76 and a debt-to-equity ratio of 50.70.
Algoma Central Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, September 2nd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, August 19th. Algoma Central's dividend payout ratio (DPR) is presently 30.95%.
About Algoma Central
(
Get Free Report)
Algoma Central Corp owns and operates the fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping.
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