ALGOMA CENTRAL CORPALGOMA CENTRAL CORPALGOMA CENTRAL CORP

ALGOMA CENTRAL CORP

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ALC fundamentals

Key facts

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Founded
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About

Algoma Central Corp. engages in owning and operating a flag fleet of dry-bulk carriers and product tankers. It operates through the following segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. The Domestic Dry-Bulk segment includes flag dry-bulk vessels and its ship management business. The Product Tankers segment offers transportation of liquid petroleum products throughout the Great Lakes, St. Lawrence Waterway and Atlantic Canada regions. The Ocean Self-Unloaders segment refers to ocean shipping consisting of five ocean-going self-unloading vessels. The Global Short Sea Shipping segment focuses on niche markets featuring specialized equipment or services through its interests in NovaAlgoma Cement Carriers and NovaAlgoma Short Sea Carriers. The Investment Properties segment comprises of commercial and residential property held to earn rental income. The company was founded on August 11, 1899, and is headquartered in St. Catharines, Canada.

Valuation

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Growth and Profitability

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Dividends

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ALC does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

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