Algoma Central Corporation

ALC

CA0156441077

Marine Freight & Logistics

Market Closed - Toronto S.E. Other stock markets 01:29:59 17/07/2024 am IST			5-day change	1st Jan Change
14.26 ^CAD	+0.92%		+1.06%	-4.62%

23/05	Algoma Central Brief: Adds convertible debentures have a maturity date of June 30, 2024; Q2 Dividend will be paid on June 3, 2024 to shareholders of record on May 17, 2024	MT
23/05	Algoma Central Brief: Says Following Q2 dividend of $0.19 per common share, an adjustment has been made to Conversion Price of Convertible Debentures, reducing it to $14.10	MT

Algoma Central Corporation Announces Quarterly Dividend, Payable on March 2, 2020

January 16, 2020 at 10:51 pm IST

Algoma Central Corporation announced that the Company’s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.12 per common share. The dividend is payable on March 2, 2020 to shareholders of record on February 17, 2020.

Latest news about Algoma Central Corporation

Algoma Central Brief: Adds convertible debentures have a maturity date of June 30, 2024; Q2 Dividend will be paid on June 3, 2024 to shareholders of record on May 17, 2024	23/05	MT
Algoma Central Brief: Says Following Q2 dividend of $0.19 per common share, an adjustment has been made to Conversion Price of Convertible Debentures, reducing it to $14.10	23/05	MT
Tranche Update on Algoma Central Corporation's Equity Buyback Plan announced on March 20, 2023.	01/05	CI
Algoma Central Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	01/05	CI
Algoma Central Corporation Announces Quarterly Dividend, Payable on June 3, 2024	01/05	CI
Tranche Update on Algoma Central Corporation's Equity Buyback Plan announced on March 19, 2024.	01/05	CI
Algoma Central Corporation's Equity Buyback announced on March 20, 2023 has expired with 515,461 shares, representing 1.34% for CAD 7.86 million.	20/03	CI
Algoma Central Reports Renewal of Normal Course Issue Bid	19/03	MT
Algoma Central Brief: Announcing Renewal of Normal Course Issue Bid	19/03	MT
Algoma Central Corporation announces an Equity Buyback for 1,975,857 shares, representing 5% of its issued share capital.	19/03	CI
Algoma Central Corporation authorizes a Buyback Plan.	19/03	CI
Algoma Central Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	26/02	CI
Algoma Central Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	26/02	CI
North American Morning Briefing : Traders Await Inflation Data This Week	26/02	DJ
Tranche Update on Algoma Central Corporation's Equity Buyback Plan announced on March 20, 2023.	26/02	CI
Algoma Central Acquires 2 Additional Vessels	18/01	MT
Algoma Central Corporation Continues to Grow Product Tanker Business with the Acquisition of Two Additional Vessels	18/01	CI
Algoma Central Brief: Says continues to grow product tanker business with Acquisition of two additional vessels	18/01	MT
Algoma Central Announcing 6% Increase In Quarterly Dividend	15/01	MT
Algoma Central Corporation Announces Quarterly Dividend, Payable on March 1, 2024	15/01	CI
Algoma Central Brief: Announcing 6% Increase In Quarterly Dividend	15/01	MT
Electra Battery Materials Appoints 30-year Finance Veteran as CFO and Providing Financing Update	29/12	MT
Algoma Central Brief: On St. Lawrence Seaway Strike, Says "Full impact of the closure is unknown as we are in the process of assessing the repercussions of the delays"	04/11	MT
Algoma Central Brief: Q3 Revenues C$205.9 Million Vs $199.327 Million a Year Earlier	04/11	MT
Tranche Update on Algoma Central Corporation's Equity Buyback Plan announced on March 20, 2023.	04/11	CI

Chart Algoma Central Corporation

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Company Profile

Algoma Central Corporation is a Canada-based marine shipping company. The Company owns and operates a fleet of dry and liquid bulk carriersâ, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Its Domestic Dry-Bulk segment includes the Companyâs 18 Canadian dry-bulk carriers. This segment serves industrial sectors, including iron and steel producers, aggregate producers, cement and building material producers, salt producers and agricultural product distributors. The Product Tankers segment fleet consist of seven product tankers employed in Canadian flag service and one international tanker operating in Canada. Its Ocean Self-Unloaders segment consists of eight ocean-going self-unloading vessels and a 25% interest in a ninth selfunloader. Its Global Short Sea Shipping segment, which consists of the Company's NovaAlgoma joint ventures, focuses on niche marine transportation markets featuring specialized equipment or services.

Sector

Marine Freight & Logistics

Calendar

02/08/2024 - Q2 2024 Earnings Release (Projected)

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

14.26 CAD

Average target price

22.25 CAD

Spread / Average Target

+56.03%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Inland Water Freight

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Inland Water Freight