10:06 AM EST - Transat A.T. Inc. : is hiking its quarterly dividend 29 percent, even as first-quarter net profit fell to $2.1 million from a year-earlier $5.2 million despite higher revenue. Revenue jumped 22.5 percent to $712.3 million. Earnings for the quarter ended Jan. 31 amounted to 6 cents a diluted share, compared with 13 cents per share a year ago. Analysts' consensus forecast was for earnings of 19 cents per share, before one-time items, according to Thomson Financial. Transat A.T. Inc.
shares T.TRZ.B are trading off 65 cents at $32.09.
