Lassonde Industries Inc (TSE:LAS.A) Declares Quarterly Dividend of $1.25

Lassonde Industries Inc (TSE:LAS.A) announced a quarterly dividend on Wednesday, May 20th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be paid a dividend of 1.25 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, May 20th.

Lassonde Industries Price Performance

Shares of TSE:LAS.A opened at C$217.51 on Wednesday. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The company has a market cap of C$1.48 billion, a P/E ratio of 9.17 and a beta of -0.46. Lassonde Industries has a 52 week low of C$202.51 and a 52 week high of C$253.85. The company has a 50-day moving average price of C$225.39 and a 200 day moving average price of C$224.59.

Lassonde Industries (TSE:LAS.A) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$5.36 EPS for the quarter. The firm had revenue of C$664.05 million during the quarter. Lassonde Industries had a net margin of 4.31% and a return on equity of 10.05%. Research analysts predict that Lassonde Industries will post 18.9924731 earnings per share for the current year.

Lassonde Industries Company Profile

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.