Saputo Inc. to Issue Quarterly Dividend of $0.20 (TSE:SAP)

Saputo Inc. (TSE:SAP) declared a quarterly dividend on Tuesday, June 16th, TickerTech Dividends reports. Shareholders of record on Thursday, June 25th will be given a dividend of 0.20 per share on Thursday, June 25th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, June 16th.

Saputo Price Performance

Shares of SAP stock opened at C$42.01 on Friday. The stock’s fifty day moving average is C$41.27 and its 200-day moving average is C$41.45. The company has a debt-to-equity ratio of 48.08, a quick ratio of 0.67 and a current ratio of 1.71. The stock has a market capitalization of C$16.82 billion, a PE ratio of 25.77, a PEG ratio of 0.56 and a beta of 0.06. Saputo has a 52 week low of C$26.35 and a 52 week high of C$45.09.

Saputo (TSE:SAP) last announced its earnings results on Thursday, June 4th. The company reported C$0.41 EPS for the quarter. The company had revenue of C$3.31 billion for the quarter. Saputo had a return on equity of 9.98% and a net margin of 3.65%. Equities research analysts expect that Saputo will post 1.7735369 EPS for the current fiscal year.

About Saputo

Saputo, one of the top ten dairy processors in the world, produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is a leading cheese manufacturer and fluid milk and cream processor in Canada and a leading dairy processor in Australia. In the USA, Saputo ranks among the top three cheese producers and is one of the top producers of extended shelf-life and cultured dairy products.