Rogers Sugar Inc. (TSE:RSI) to Issue Quarterly Dividend of $0.09

Rogers Sugar Inc. (TSE:RSI) announced a quarterly dividend on Friday, October 2nd. Stockholders of record on Wednesday, October 21st will be paid a dividend of $0.09 per share on Wednesday, October 21st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Friday, October 2nd.

Rogers Sugar Price Performance

Shares of TSE RSI opened at C$6.70 on Wednesday. The firm has a fifty day moving average of C$6.85 and a 200 day moving average of C$6.77. Rogers Sugar has a one year low of C$5.86 and a one year high of C$7.16. The firm has a market cap of C$861.24 million, a PE ratio of 12.88 and a beta of 0.70. The company has a debt-to-equity ratio of 89.42, a quick ratio of 0.56 and a current ratio of 1.68.

Rogers Sugar (TSE:RSI) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. Rogers Sugar had a net margin of 5.48% and a return on equity of 14.14%. The firm had revenue of C$293.69 million for the quarter. As a group, research analysts predict that Rogers Sugar will post 0.5597668 EPS for the current fiscal year.

About Rogers Sugar

Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operates a distribution center in Toronto, Ontario. Lantic’s sugar products are mainly marketed under the ‘Lantic’ trademark in Eastern Canada, and the ‘Rogers’ trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups.