Rogers Sugar Inc. (RSI) To Go Ex-Dividend on June 26th

Rogers Sugar Inc. (TSE:RSI) announced a quarterly dividend on Friday, June 26th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.09 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, June 26th.

Rogers Sugar Price Performance

RSI opened at C$6.89 on Wednesday. The business has a fifty day moving average of C$6.67 and a 200 day moving average of C$6.45. Rogers Sugar has a 52-week low of C$5.56 and a 52-week high of C$7.01. The company has a quick ratio of 0.56, a current ratio of 2.22 and a debt-to-equity ratio of 88.50. The stock has a market cap of C$883.75 million, a P/E ratio of 13.00 and a beta of 0.71.

Rogers Sugar (TSE:RSI) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.14 EPS for the quarter. Rogers Sugar had a return on equity of 14.94% and a net margin of 5.58%.The company had revenue of C$280.62 million for the quarter. As a group, sell-side analysts anticipate that Rogers Sugar will post 0.5597668 EPS for the current year.

Insider Buying and Selling at Rogers Sugar

In other news, insider Michael Walton sold 14,100 shares of Rogers Sugar stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of C$6.81, for a total transaction of C$96,021.00. Following the completion of the sale, the insider owned 246,647 shares of the company’s stock, valued at approximately C$1,679,666.07. The trade was a 5.41% decrease in their ownership of the stock. Insiders have sold a total of 58,000 shares of company stock worth $395,419 over the last ninety days. Insiders own 0.28% of the company’s stock.

Rogers Sugar Company Profile

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.