11:25 AM EDT, 06/27/2025 (MT Newswires) -- RBC Capital Market said it views Chorus Aviation's ( CHRRF ) decision early this week to institute a quarterly dividend as "positive", reflecting management's confidence in sustainable cash flow generation and the company's progress in deleveraging following the Falko sale.

The investment bank, which has an outperform rating and $21.75 price target on Chorus shares, said the dividend of $0.08 per share equates to an annualized forward yield of about 1.6% and represents a payout of about 19% on consensus 2025 earnings per share estimates, and is "suggesting a balanced approach to capital returns and reinvestment opportunities."

The dividend will be paid on Aug. 15, to shareholders of record on July 31.

Price: 21.55, Change: -0.20, Percent Change: -0.92