Rogers Sugar Inc. (TSE:RSI - Get Free Report) announced a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Investors of record on Wednesday, April 16th will be given a dividend of 0.09 per share on Wednesday, April 16th. This represents a $0.36 annualized dividend and a yield of 6.67%. The ex-dividend date of this dividend is Friday, March 28th.
Rogers Sugar Trading Down 2.4 %
Shares of TSE:RSI traded down C$0.13 during trading on Friday, reaching C$5.40. 422,122 shares of the company were exchanged, compared to its average volume of 259,255. The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56. The firm has a market capitalization of C$689.02 million, a PE ratio of 12.36 and a beta of 0.60. The business's fifty day simple moving average is C$5.55 and its 200-day simple moving average is C$5.71. Rogers Sugar has a 12-month low of C$5.12 and a 12-month high of C$6.47.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on RSI. BMO Capital Markets cut their price target on shares of Rogers Sugar from C$7.00 to C$6.50 and set a "market perform" rating on the stock in a research note on Friday, February 7th. Scotiabank decreased their price objective on shares of Rogers Sugar from C$6.25 to C$6.00 and set an "equal weight" rating for the company in a research note on Friday, February 7th.
Check Out Our Latest Analysis on Rogers Sugar
Insider Buying and Selling at Rogers Sugar
In other news, Senior Officer Jean-Sebastien Couillard acquired 9,400 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of C$5.35 per share, for a total transaction of C$50,278.72. Also, Director M. Dallas H. Ross bought 150,000 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were acquired at an average cost of C$5.42 per share, with a total value of C$813,000.00. Insiders own 0.28% of the company's stock.
About Rogers Sugar
(
Get Free Report)
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.
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