Avoid the use of toxic and offensive language. What's under the ground is worth $35 billion to Silicon Valley. Chorus Aviation amid the pandemic. The DRIP provides shareholders who are resident in Canada the opportunity to purchase additional Chorus shares using cash dividends paid on shares enrolled in the DRIP. Learn everything you need to know about successful options trading with this three-part video course. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Welcome to The Globe and Mail’s comment community. Monthly dividend payments 2. The company, which operates regional aircraft for Air Canada, said its main customer and partner has slashed its network-wide capacity in the second quarter. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Financial genius reveals how to buy... 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Follow topics and authors relevant to your reading interests. And one small company owns the rights. Fundamental company data provided by Morningstar and Zacks Investment Research. Learn more. Chorus Aviation is a global provider of integrated regional aviation solutions. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. View which stocks are hot on social media with MarketBeat's trending stocks report. Identify stocks that meet your criteria using seven unique stock screeners. HALIFAX, Feb. 19, 2020 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) today announced a monthly dividend of $0.04 per Class A and Class B share payable on or after March 17, 2020 to shareholders of record at the close of business on February 28, 2020. Effective February 1, 2018 Chorus implemented a Dividend Reinvestment Plan (‘DRIP’) that allows Chorus to offer a discount of up to 5% from the average market price for shares purchased under the DRIP. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Only 1 indicator tells the whole truth -- but most investors have never heard of it. Chorus is currently offering a discount of 4%. Headquartered in Halifax, Nova Scotia, Chorus comprises Chorus Aviation Capital, a leading, global lessor of regional aircraft, and Jazz Aviation and Voyageur Aviation, companies that have long histories of safe operations with excellent customer service. Looking for new stock ideas? Full Disclaimer. On Friday, Chorus confirmed that it has received a non-binding purchase offer, but there is no assurance that the transaction will occur. Find out more on our, This website collects electronic data from you using Google Analytics which employs first-party cookies and other identifiers to measure where our site visitors come from in the world, when and how you visit the site, how long you use it, and what you look at while you are here. This category only includes cookies that ensures basic functionalities and security features of the website. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 It is mandatory to procure user consent prior to running these cookies on your website. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States. Click here to subscribe. Get daily stock ideas top-performing Wall Street analysts. Please log in to your account or sign up in order to add this asset to your watchlist. View our full suite of financial calendars and market data tables, all for free. Chorus Aviation Inc. is suspending its dividend, temporarily laying off staff and cutting executive salaries as it deals with the fallout from COVID-19. If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. After payment of the March 2020 Dividend, no further dividends will be paid until further notice and the dividend reinvestment program (‘DRIP’) is suspended. HALIFAX, Feb. 19, 2020 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) today announced a monthly dividend of $0.04 per Class A and Class B share payable on or after March 17, 2020 to shareholders of record at the close of business on February 28, 2020. This is how wealth is made in the stock market today. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. But by tomorrow morning, some of the largest tech companies in America could swarm the place. Sign up today. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. America's Boldest Financial Experiment Yet! To see all exchange delays and terms of use please see disclaimer. All rights reserved. Receive a free world-class investing education from MarketBeat. Attractive dividend yield of 6.4% These two factors are both working in favor of the stock. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. CHR's most recent monthly dividend payment was made to shareholders of record on Friday, April 17. If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. document.write(''); Live from the crazy streets of California -- America's boldest financial experiment yet! © American Consumer News, LLC dba MarketBeat® 2010-2020. Get short term trading ideas from the MarketBeat Idea Engine. HALIFAX — Shares of Chorus Aviation Inc. fell as much as 12.7 per cent Wednesday after the regional aviation company reported third-quarter results that missed expectations as it continues to feel the effects of COVID-19.The Halifax-based company's shares dipped as low as $3.23 before climbing to Chorus Aviation Inc. is suspending its dividend, temporarily laying off staff and cutting executive salaries as it deals with the fallout from COVID-19. Air Canada Express flying has been reduced by approximately 90 per cent for April and May, resulting in significant temporary employee reductions, Chorus said. Receive Analysts' Upgrades and Downgrades Daily. Chorus provides a full suite of regional aviation support services that encompasses every stage of an aircraft’s lifecycle, including: aircraft acquisitions and leasing; aircraft refurbishment, engineering, modification, repurposing and preparation; contract flying; aircraft and component maintenance, disassembly, and parts provisioning. Most ultra-rich investors ignore stock fundamentals, which have no real impact on stock prices. The company will also suspend its dividend after its regular monthly payment to shareholders of four cents a share on April 17 in an effort to preserve cash and help strengthen its balance sheet. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? This site uses cookies to offer you a better browsing experience. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Some of the benefits of participating in the DRIP include the current discount of 4%, the convenience of automatic reinvestment, savings from not having to pay brokerage fees or other service charges for shares purchased under the DRIP, and the ability to acquire fractional shares. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Necessary cookies are absolutely essential for the website to function properly. “While the majority of employees impacted are in operations – pilots, flight attendants, customer service agents and line and heavy maintenance – reductions will occur throughout the organization and include management and administrative employees,” spokeswoman Manon Stuart said.