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

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

Cascades Price Performance

TSE:CAS opened at C$11.76 on Tuesday. Cascades has a one year low of C$8.30 and a one year high of C$14.20. The stock has a market cap of C$1.19 billion, a PE ratio of 17.04, a P/E/G ratio of 0.56 and a beta of 1.09. The stock has a 50 day moving average price of C$13.05 and a 200 day moving average price of C$11.75. The company has a debt-to-equity ratio of 112.96, a quick ratio of 0.86 and a current ratio of 1.43.

Cascades (TSE:CAS) last announced its quarterly earnings results on Thursday, February 26th. The company reported C$0.40 earnings per share for the quarter. Cascades had a net margin of 1.47% and a return on equity of 4.11%. The business had revenue of C$1.20 billion during the quarter. Equities research analysts expect that Cascades will post 1.2959309 EPS 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.