Cascades Inc. (CAS) to Issue Quarterly Dividend of $0.12 on June 4th

Cascades Inc. (TSE:CAS) announced a quarterly dividend on Thursday, May 21st, TickerTech Dividends reports. Investors of record on Thursday, June 4th will be paid a dividend of 0.12 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, May 21st.

Cascades Stock Performance

TSE CAS opened at C$10.44 on Tuesday. Cascades has a 52 week low of C$8.55 and a 52 week high of C$14.20. The company has a debt-to-equity ratio of 113.03, a quick ratio of 0.86 and a current ratio of 1.53. The stock’s 50 day moving average price is C$11.05 and its two-hundred day moving average price is C$12.09. The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of 10.44, a PEG ratio of 0.56 and a beta of 1.07.

Cascades (TSE:CAS) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.07 earnings per share for the quarter. Cascades had a net margin of 2.15% and a return on equity of 5.95%. The company had revenue of C$1.13 billion during the quarter. As a group, analysts anticipate that Cascades will post 1.2959309 earnings per share for the current fiscal year.

About Cascades

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.