Rogers Sugar Inc. (TSE:RSI - Get Free Report) announced a quarterly dividend on Friday, December 27th,TickerTech Dividends reports. Shareholders of record on Thursday, January 9th will be paid a dividend of 0.09 per share on Thursday, January 9th. This represents a $0.36 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Friday, December 27th.
Rogers Sugar Price Performance
Shares of TSE:RSI remained flat at C$6.02 during midday trading on Wednesday. The stock had a trading volume of 106,696 shares, compared to its average volume of 190,703. The firm has a market cap of C$770.08 million, a P/E ratio of 16.27 and a beta of 0.60. The company has a debt-to-equity ratio of 100.31, a quick ratio of 0.56 and a current ratio of 1.66. The business has a 50-day simple moving average of C$5.83 and a two-hundred day simple moving average of C$5.72. Rogers Sugar has a 52-week low of C$5.12 and a 52-week high of C$6.47.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on RSI. Scotiabank set a C$6.25 price objective on Rogers Sugar and gave the stock a "sector perform" rating in a research note on Wednesday, November 27th. BMO Capital Markets lifted their price target on shares of Rogers Sugar from C$6.50 to C$7.00 in a report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$6.55.
Read Our Latest Report on Rogers Sugar
Insider Activity at Rogers Sugar
In related news, Senior Officer Patrick Dionne sold 50,352 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$6.37, for a total transaction of C$320,943.65. Also, Senior Officer Michael Walton sold 20,000 shares of Rogers Sugar stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$5.96, for a total transaction of C$119,200.00. 0.28% of the stock is owned by corporate insiders.
Rogers Sugar Company Profile
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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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