Saputo Inc. (SAP) To Go Ex-Dividend on March 3rd

Saputo Inc. (TSE:SAPGet Free Report) announced a quarterly dividend on Tuesday, March 3rd, TickerTech Dividends reports. Stockholders of record on Friday, March 13th will be given a dividend of 0.20 per share on Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, March 3rd.

Saputo Price Performance

Saputo stock opened at C$43.54 on Friday. The company has a fifty day simple moving average of C$41.63 and a 200-day simple moving average of C$37.68. The firm has a market capitalization of C$17.64 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 0.56 and a beta of 0.04. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 51.68. Saputo has a 52-week low of C$23.94 and a 52-week high of C$44.00.

Saputo (TSE:SAPGet Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported C$0.57 earnings per share for the quarter. Saputo had a negative net margin of 0.84% and a negative return on equity of 2.20%. The firm had revenue of C$4.89 billion for the quarter. On average, equities analysts anticipate that Saputo will post 1.7735369 EPS for the current fiscal year.

Saputo News Summary

Here are the key news stories impacting Saputo this week:

  • Positive Sentiment: Board declared a quarterly cash dividend of C$0.20 per share (annualized yield ~1.8%). Record date and payment date are both March 13; ex‑dividend date is March 3. The dividend reinforces cash return to shareholders and supports the share price given Saputo’s size and yield.
  • Neutral Sentiment: Multiple outlets report a widespread recall of Great Value (Walmart) cottage cheese across many U.S. states over pasteurization concerns. There is no public link in these reports tying Saputo to the recalled product; however, the recall may modestly dent category demand or prompt retailer sourcing reviews in the near term, which is a sector-level headwind to monitor. Cottage cheese sold at Walmart recalled over pasteurization concern, FDA says Check your cottage cheese: Recall hits 24 states
  • Neutral Sentiment: Operational / fundamentals context: latest quarterly EPS was C$0.57 with revenue ~C$4.89B; the company shows a negative net margin and negative ROE for that quarter, while analysts model ~1.77 EPS for the year. Valuation sits around a P/E of ~28. Investors may be rewarding the dividend and near-term momentum despite mixed profitability metrics.

Saputo Company Profile

(Get Free Report)

Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight. Saputo also competes in food service (30% of revenue) and industrials (20% of revenue), which houses its ingredients business.

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Dividend History for Saputo (TSE:SAP)

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