MISSISSAUGA, ON, Nov. 7, 2022
/CNW/ - The Board of Directors of Cargojet Inc. has declared a cash
dividend of $0.2860 per common voting
share and variable voting share for the period from October 1, 2022 to December 31, 2022. The record date for
determining shareholders of the Corporation entitled to receive
payment of the dividend of the Corporation shall be December 20, 2022 and the payment date for such
dividend shall be on or before January 5,
2023. These dividends will be eligible dividends within the
meaning of the Income Tax Act (Canada).
Cargojet is Canada's leading
provider of time sensitive premium air cargo services to all major
cities across North America,
providing Dedicated, ACMI and International Charter services and
carries over 25,000,000 pounds of cargo weekly. Cargojet operates
its network with its own fleet of 34 aircraft.
Notice on Forward Looking Statements:
Certain statements contained herein constitute "forward-looking
statements". Forward-looking statements look into the future and
provide an opinion as to the effect of certain events and trends on
the business. Forward-looking statements may include words such as
"plans," "intends," "anticipates," "should," "estimates,"
"expects," "believes," "indicates," "targeting," "suggests" and
similar expressions. These forward-looking statements are based on
current expectations and entail various risks and uncertainties.
Reference should be made to the issuer's most recent Annual
Information Form filed with the Canadian securities regulators, and
its most recent Annual Consolidated Financial Statements and
Quarterly Financial Statements and Notes thereto and related
Management's Discussion and Analysis (MD&A), for a summary of
major risks. Actual results may materially differ from
expectations, if known and unknown risks or uncertainties affect
our business, or if our estimates or assumptions prove inaccurate.
The issuer assumes no obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or any other reason, other than as required by
applicable securities laws. In the event the issuer does update any
forward-looking statement, no inference should be made that the
issuer will make additional updates with respect to that statement,
related matters, or any other forward-looking statement.
SOURCE Cargojet Inc.