Cascades Inc. to Issue Quarterly Dividend of $0.12 (TSE:CAS)

Cascades Inc. (TSE:CAS) announced a quarterly dividend on Thursday, March 12th, TickerTech Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.12 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, March 12th.

Cascades Stock Down 2.9%

Shares of TSE CAS opened at C$11.76 on Tuesday. The business has a 50-day moving average of C$13.05 and a 200-day moving average of C$11.75. The firm has a market capitalization of C$1.19 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.56 and a beta of 1.09. Cascades has a 12 month low of C$8.30 and a 12 month high of C$14.20. The company has a current ratio of 1.43, a quick ratio of 0.86 and a debt-to-equity ratio of 112.96.

Cascades (TSE:CAS) last issued its earnings results on Thursday, February 26th. The company reported C$0.40 EPS for the quarter. The company had revenue of C$1.20 billion for the quarter. Cascades had a net margin of 1.47% and a return on equity of 4.11%. Sell-side analysts expect that Cascades will post 1.2959309 earnings per share for the current fiscal year.

Cascades Company Profile

Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into four main business segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.