Cascades Inc. (CAS) To Go Ex-Dividend on May 21st

Cascades Inc. (TSE:CAS) announced a quarterly dividend on Thursday, May 21st, TickerTech Dividends reports. Investors 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 opened at C$10.44 on Tuesday. Cascades has a 52-week low of C$8.55 and a 52-week high of C$14.20. The company has a quick ratio of 0.86, a current ratio of 1.53 and a debt-to-equity ratio of 113.03. The firm’s fifty day moving average is C$11.05 and its two-hundred day moving average is C$12.09. 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.

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

Cascades Company Profile

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.