Cascades Inc. (TSE:CAS – Get Rating) announced a quarterly dividend on Thursday, May 25th, TickerTech reports. Stockholders of record on Thursday, June 8th will be paid a dividend of 0.12 per share on Thursday, June 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Thursday, May 25th.
Cascades Stock Performance
Shares of CAS traded up C$0.05 during trading hours on Wednesday, hitting C$12.01. The company had a trading volume of 142,740 shares, compared to its average volume of 196,546. The firm has a market cap of C$1.21 billion, a price-to-earnings ratio of -12.78, a PEG ratio of 0.56 and a beta of 0.14. The business has a fifty day moving average of C$11.24 and a 200-day moving average of C$9.79. Cascades has a 12 month low of C$7.71 and a 12 month high of C$12.29. The company has a quick ratio of 0.86, a current ratio of 1.55 and a debt-to-equity ratio of 115.85.
Cascades (TSE:CAS – Get Rating) last issued its quarterly earnings data on Thursday, February 23rd. The company reported C$0.22 earnings per share for the quarter, beating the consensus estimate of C$0.16 by C$0.06. The company had revenue of C$1.14 billion for the quarter, compared to analyst estimates of C$1.16 billion. Cascades had a negative net margin of 2.06% and a negative return on equity of 3.74%. Equities analysts anticipate that Cascades will post 1.0743062 EPS for the current fiscal year.
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Cascades Company Profile
Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It manufactures containerboards, as well as converts corrugated products. The company also offers uncoated recycled paperboards for use in packaging converters and industrial users of headers and wrappers for the paper industry, as well as partitions that are used as protective packaging; honeycomb paperboards for the beer, wine, and spirits industry; laminated paperboards for food packaging and furniture backing industries; and specialty containers, structural components, and paperboard and fiber composites.
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