TSE:LGT.B

Logistec (LGT.B) Stock Price, News & Analysis

Today's Range
N/A
50-Day Range
C$66.77
C$67.00
52-Week Range
N/A
Volume
1,265 shs
Average Volume
7,338 shs
Market Capitalization
C$366.22 million
P/E Ratio
31.00
Dividend Yield
0.77%
Price Target
N/A
LGT.B stock logo

About Logistec Stock (TSE:LGT.B)

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. The company operates in two segments, Marine Services and Environmental Services. The Marine Services segment provides specialized cargo handling services, which include container, bulk, breakbulk, and general and project cargo, as well as other services through the operation of 61 terminals in 37 ports in eastern North America. It specializes in handling dry cargoes, which consist of forest products, metals, dry bulk, fruit, and grain and bagged cargoes, as well as offers container stuffing and destuffing, warehousing and distribution, and other value-added services. In addition, the company provides loading and unloading of ships, trucks, and railway cars and other related operations; and port logistics. Further, it offers other marine services, including coastal transportation of cargoes to communities in the Canadian Arctic; and marine agency services to foreign shipowners and operators, as well as owns and operates five ice-class vessels. The Environmental Services segment is involved in the trenchless structural rehabilitation of underground water mains, regulated materials management, site remediation, risk assessment, and woven-hose manufacturing. It also offers turnkey solutions for the assessment of properties and the clean-up of soils, groundwater, buildings, lagoons, and underground tanks, as well as analyzes and evaluates the human and environmental risks associated with contamination issues. The company was formerly known as Quebec Terminals Ltd. and changed its name to Logistec Corporation in April 1969. Logistec Corporation was founded in 1952 and is headquartered in Montreal, Canada.

LGT.B Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Logistec declares $0.1178 dividend
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Logistec: Top 25 Undervalued Dividend Stocks on TSX (LGT-B)
Closing Bell: Logistec Corp Cl B Sv down on Thursday (LGT-B)
Logitech now sells a $299 folding chair
LGT-A.TO - Logistec Corporation
See More Headlines
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Industry, Sector and Symbol

Industry
Shipping & Ports
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,700
Year Founded
N/A

Profitability

Net Income
C$26.58 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$963.94 million
Book Value
C$28.17 per share

Miscellaneous

Free Float
N/A
Market Cap
C$366.22 million
Optionable
Not Optionable
Beta
0.70
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Key Executives

  • Ms. Madeleine M. Paquin (Age 57)
    Pres, CEO & Director
  • Mr. Jean-Claude Dugas C.A.
    CPA, CPA, CA, Chief Financial Officer
  • Mr. Frank Vannelli
    Sr. Vice-Pres of Commercial & Bus. Devel.
  • Mr. Alain Sauriol
    Pres of Sanexen
  • Mr. Rodney Corrigan
    Pres of Logistec Stevedoring Inc

LGT.B Stock Analysis - Frequently Asked Questions

Is Logistec a good dividend stock?

Logistec (TSE:LGT.B) pays an annual dividend of C$0.52 per share and currently has a dividend yield of 0.77%. The dividend payout ratio is 24.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LGT.B.

How do I buy shares of Logistec?

Shares of LGT.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:LGT.B) was last updated on 4/26/2024 by MarketBeat.com Staff

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