Celadon Group(NYSE:CGI) Declares Dividend of $0.0200.

Celadon Group (NYSE:CGI) had declared a cash dividend of $0.0200 on Sep 16, 2016. The shares will quote ex-dividend on Oct 5, 2016 and the record date has been fixed for Oct 7, 2016. On Sep 16, 2016 share price, the yield comes out to be 0.9423%. The dividend payable date has been fixed on Oct 21, 2016.

In a different note, On Aug 31, 2016, Avondale Partners said it Upgrades its rating on Celadon Group. The shares have been rated ‘Market Outperform’ by the firm. On Jun 24, 2016, Stifel Nicolaus said it Downgrades its rating on Celadon Group. The shares have been rated ‘Hold’ by the firm.

Celadon Group (CGI) made into the market gainers list on Thursdays trading session with the shares advancing 5.14% or 0.43 points. Due to strong positive momentum, the stock ended at $8.79, which is also near the day’s high of $8.82. The stock began the session at $8.5 and the volume stood at 4,36,654 shares. The 52-week high of the shares is $18.5 and the 52 week low is $6.19. The company has a current market capitalization of $252 M and it has 2,87,15,140 shares in outstanding.

Celadon Group(CGI) last announced its earnings results on Sep 1, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $264.26M. Analysts had an estimated revenue of $253.40M. Earnings per share were $0.06. Analysts had estimated an EPS of $0.20.

Several Insider Transactions has been reported to the SEC. On Sep 1, 2015, Stephen Russell (director) sold 47,634 shares at $19.31 per share price.Also, On Mar 6, 2015, Paul Will (President & CEO) sold 71,000 shares at $24.99 per share price.On Feb 25, 2015, Michael Miller (director) sold 4,422 shares at $25.92 per share price, according to the Form-4 filing with the securities and exchange commission.

Celadon Group Inc. (Celadon) provides truckload freight transportation. The Company operates through two segments: asset based and asset light. The asset based segment offers services such as United States domestic dry van refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; dedicated contract service; regional and specialized short haul service and rail intermodal service. In addition through its Quality Companies subsidiaries it provides tractor leasing and ancillary services to owner-operators. The asset light segment offers services including freight brokerage warehousing and less-than truckload consolidation. It also includes supply chain logistics services. Celadon provides warehousing and dedicated trucking services through Celadon Dedicated Services. It also transports the manufacturing component parts to its warehouses and sequences those parts for its customers.

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