Chemtrade Logistics Income Fund Plans Monthly Dividend of $0.05 (TSE:CHE)

Chemtrade Logistics Income Fund (TSE:CHEGet Rating) declared a monthly dividend on Wednesday, September 21st, Zacks reports. Shareholders of record on Thursday, September 29th will be given a dividend of 0.05 per share on Wednesday, October 26th. This represents a $0.60 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Wednesday, September 28th.

Chemtrade Logistics Income Fund Price Performance

Chemtrade Logistics Income Fund (TSE:CHEGet Rating) last posted its quarterly earnings data on Wednesday, August 10th. The company reported C$0.05 EPS for the quarter, hitting analysts’ consensus estimates of C$0.05. The company had revenue of C$446.37 million for the quarter, compared to the consensus estimate of C$379.00 million.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded Chemtrade Logistics Income Fund from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, June 27th.

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Dividend History for Chemtrade Logistics Income Fund (TSE:CHE)

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