Lassonde Industries Inc (TSE:LAS.A) to Issue Quarterly Dividend of $1.25

Lassonde Industries Inc (TSE:LAS.A) declared a quarterly dividend on Friday, February 20th, TickerTech Dividends reports. Shareholders of record on Friday, March 13th will be paid a dividend of 1.25 per share on Friday, March 13th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 20th.

Lassonde Industries Stock Up 0.3%

LAS.A stock opened at C$231.89 on Wednesday. The company has a debt-to-equity ratio of 19.88, a quick ratio of 0.55 and a current ratio of 1.78. Lassonde Industries has a fifty-two week low of C$177.47 and a fifty-two week high of C$245.68. The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 12.88 and a beta of -0.71. The business’s 50 day moving average price is C$221.56 and its two-hundred day moving average price is C$219.24.

About Lassonde Industries

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.