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

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

Cascades Stock Performance

Shares of CAS stock opened at C$10.44 on Tuesday. The stock has a market cap of C$1.06 billion, a PE ratio of 10.44, a price-to-earnings-growth ratio of 0.56 and a beta of 1.07. The business has a 50-day simple moving average of C$11.05 and a 200-day simple moving average of C$12.09. The company has a quick ratio of 0.86, a current ratio of 1.53 and a debt-to-equity ratio of 113.03. Cascades has a 52-week low of C$8.55 and a 52-week high of C$14.20.

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