CAE raises dividend as it reports first-quarter profit down from year ago [Business News Network (BNN) Energy & Resources (Canada)]
CAE Inc. Ordinary Shares (CAE)
Last cae inc. ordinary shares earnings: 2/7 08:23 am
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Source: Business News Network
CAE raises dividend as it reports first-quarter profit down from year ago MONTREAL - CAE Inc. (CAE.TO) raised its dividend as it reported its first-quarter profit slipped lower compared with a year ago. The flight simulator and training company says it will pay a quarterly dividend of 11 cents per share, up from 10 cents. The increased payment came as CAE reported a profit attributable to shareholders of $61.5 million or 23 cents per share. That compared with a profit of $69.4 million or 26 cents per share in the same quarter last year. Revenue totalled $825.6 million, up from $722.0 million. Excluding specific items, CAE says it earned 24 cents per share in its most recent quarter, down from 26 cents per share a year ago. Analysts on average had expected a profit of 28 cents per share for the quarter, according to the financial markets data firm Refinitiv.
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CAE
Earnings
- 2/14/24 - Beat
CAE
Sec Filings
- 2/14/24 - Form 6-K
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- CAE's page on the SEC website