Lassonde Industries Inc (TSE:LAS.A) Plans $1.25 Quarterly Dividend

Lassonde Industries Inc (TSE:LAS.A) declared a quarterly dividend on Wednesday, May 20th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 1.25 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, May 20th.

Lassonde Industries Stock Performance

Shares of LAS.A stock opened at C$217.51 on Wednesday. The stock’s 50-day moving average is C$225.39 and its two-hundred day moving average is C$224.59. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. Lassonde Industries has a 1 year low of C$202.51 and a 1 year high of C$253.85. The firm has a market cap of C$1.48 billion, a price-to-earnings ratio of 9.17 and a beta of -0.46.

Lassonde Industries (TSE:LAS.A) last announced its earnings results on Thursday, May 7th. The company reported C$5.36 earnings per share (EPS) for the quarter. The firm had revenue of C$664.05 million during the quarter. Lassonde Industries had a return on equity of 10.05% and a net margin of 4.31%. Analysts predict that Lassonde Industries will post 18.9924731 earnings per share for the current year.

About Lassonde Industries

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.