Chemtrade Logistics Income Fund (TSE:CHE.UN) Announces $0.06 Monthly Dividend

Key Points

• Chemtrade Logistics Income Fund declared a monthly dividend of $0.06 per share, with shareholders of record set to receive this payout on September 29th.
• The company's dividend yield is approximately 5.3%, and the ex-dividend date for this announcement is August 29th.
• Chemtrade Logistics' stock is currently priced at C$13.04, with a market capitalization of C$1.52 billion and a price-to-earnings ratio of 11.85.

Chemtrade Logistics Income Fund (TSE:CHE.UN - Get Free Report) declared a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be given a dividend of 0.0575 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, August 29th.

Chemtrade Logistics Income Fund Price Performance

Chemtrade Logistics Income Fund stock opened at C$13.04 on Friday. The stock has a market capitalization of C$1.52 billion, a price-to-earnings ratio of 11.85 and a beta of 1.50. Chemtrade Logistics Income Fund has a 52-week low of C$8.50 and a 52-week high of C$13.18. The stock's 50 day moving average price is C$11.52 and its two-hundred day moving average price is C$10.56. The company has a debt-to-equity ratio of 128.02, a quick ratio of 0.48 and a current ratio of 0.40.

Chemtrade Logistics Income Fund Company Profile

Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), and Electrochemicals (EC) segments. The SPPC segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides.

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