Cascades Inc (TSE:CAS) announced a quarterly dividend on Tuesday, May 21st, TickerTech reports. Stockholders of record on Thursday, June 6th will be given a dividend of 0.04 per share on Thursday, June 6th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Tuesday, May 21st.
CAS opened at C$9.49 on Thursday. The company has a market cap of $888.58 million and a PE ratio of 16.36. The company has a current ratio of 1.43, a quick ratio of 0.80 and a debt-to-equity ratio of 112.26. Cascades has a 1 year low of C$7.55 and a 1 year high of C$13.94.
Cascades (TSE:CAS) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.13 by C$0.01. The firm had revenue of C$1.23 billion for the quarter, compared to the consensus estimate of C$1.22 billion. As a group, research analysts predict that Cascades will post 0.990000025571957 earnings per share for the current year.
Cascades Inc produces, converts, and markets packaging and tissue products in Canada, the United States, and internationally. The company operates through four segments: Containerboard, Boxboard Europe, Specialty Products, and Tissue Papers. It offers containerboards, and coated recycled and virgin boxboards, as well as converts corrugated products.
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