Rogers Sugar Inc. (TSE:RSI) Plans $0.09 Quarterly Dividend

Rogers Sugar Inc. (TSE:RSI) announced a quarterly dividend on Friday, August 9th, Zacks reports. Shareholders of record on Friday, September 27th will be given a dividend of 0.09 per share on Thursday, October 10th. This represents a $0.36 annualized dividend and a yield of 6.21%. The ex-dividend date is Friday, September 27th.

Rogers Sugar Trading Down 0.9 %

Shares of TSE:RSI traded down C$0.05 during trading on Wednesday, hitting C$5.80. 49,084 shares of the company’s stock were exchanged, compared to its average volume of 185,937. The firm has a market cap of C$741.94 million, a P/E ratio of 15.81 and a beta of 0.60. Rogers Sugar has a 1-year low of C$4.96 and a 1-year high of C$5.98. The company has a current ratio of 1.66, a quick ratio of 0.56 and a debt-to-equity ratio of 100.31. The firm has a 50-day moving average price of C$5.63 and a two-hundred day moving average price of C$5.55.

Rogers Sugar (TSE:RSI) last released its earnings results on Thursday, August 8th. The company reported C$0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.09 by C$0.04. The business had revenue of C$309.09 million for the quarter, compared to the consensus estimate of C$296.10 million. Rogers Sugar had a return on equity of 13.23% and a net margin of 3.90%. Equities analysts predict that Rogers Sugar will post 0.5613346 earnings per share for the current year.

About Rogers Sugar

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.