Is the dividend 4 or 6%? This is important to know for seniors. It's 6.43%. He's owned this for a long time. They're shifting their business from getting a fixed fee from Air Canada (that'll drop in 2021) to leasing aircraft to AC. Sell some shares around $8.50-9.00.
Is the dividend 4 or 6%? This is important to know for seniors. It's 6.43%. He's owned this for a long time. They're shifting their business from getting a fixed fee from Air Canada (that'll drop in 2021) to leasing aircraft to AC. Sell some shares around $8.50-9.00.
In a recession? It pays a good dividend, but we're entering a part of the cycle that will pressure airlines. Air Canada has turned around very well which benefits CHR. (He owns Onex.) He is looking at Cargo Jet, which has a tailwind in shipping overnight parcels and teaming up with Amazon.
In a recession? It pays a good dividend, but we're entering a part of the cycle that will pressure airlines. Air Canada has turned around very well which benefits CHR. (He owns Onex.) He is looking at Cargo Jet, which has a tailwind in shipping overnight parcels and teaming up with Amazon.
They're #2 in Canadian regional planes and growing solidly run by a solid team. They also service Air Canada. CHR has a stable cash flow so the near-7% dividend is safe. A good stock.
They're #2 in Canadian regional planes and growing solidly run by a solid team. They also service Air Canada. CHR has a stable cash flow so the near-7% dividend is safe. A good stock.
If there were an economic downturn should they do fine / dividend safe? They recently renegotiated with Air Canada. It is basically a cost-plus contract. They run the flights and get reimbursed for them. The other side of the business is aircraft leasing. It is a newer side but he thinks they can sustain it through any sort of a downturn. He likes the dividend and thinks it is safe.
If there were an economic downturn should they do fine / dividend safe? They recently renegotiated with Air Canada. It is basically a cost-plus contract. They run the flights and get reimbursed for them. The other side of the business is aircraft leasing. It is a newer side but he thinks they can sustain it through any sort of a downturn. He likes the dividend and thinks it is safe.
More money will chase yield stocks like this. This pay 6.9% on a 55% payout ratio. Six months ago, they extended their Air Canada deal to 2035. AC bears the load-factor risk, and Chorus will see very steady results. Chrous's airplane leasing business offers attractive spreads; AC invested $100 million here. (Analysts’ price target is $9.34)
More money will chase yield stocks like this. This pay 6.9% on a 55% payout ratio. Six months ago, they extended their Air Canada deal to 2035. AC bears the load-factor risk, and Chorus will see very steady results. Chrous's airplane leasing business offers attractive spreads; AC invested $100 million here. (Analysts’ price target is $9.34)
