The Board of Directors of Cargojet Inc. has declared a cash dividend of $0.2340 per common voting share and variable voting share for the period from October 1, 2020 to December 31, 2020.
The record date for determining shareholders of the Corporation entitled to receive payment of the dividend of the Corporation shall be December 21, 2020 and the payment date for such dividend shall be on or before January 5, 2021. 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 overnight air cargo services and carries over 8,000,000 pounds of cargo weekly. Cargojet operates its network across North America each business night serving 15 major cities, and selected international destinations. Cargojet owns a fleet of 28 aircraft.