Saputo Inc. (SAP) to Distribute Quarterly Dividend of $0.21 on September 25th

Saputo Inc. (TSE:SAPGet Free Report) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Friday, September 25th will be given a dividend of 0.21 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, September 15th. This is a 5.0% increase from Saputo’s previous quarterly dividend of $0.20.

Saputo Trading Down 0.5%

Shares of SAP stock traded down C$0.18 during trading hours on Friday, reaching C$39.39. 417,169 shares of the stock were exchanged, compared to its average volume of 933,328. The firm has a market capitalization of C$15.64 billion, a price-to-earnings ratio of 31.77, a price-to-earnings-growth ratio of 0.56 and a beta of 0.21. Saputo has a 12-month low of C$32.49 and a 12-month high of C$45.09. The company’s 50-day moving average price is C$40.90 and its 200-day moving average price is C$41.46. The company has a current ratio of 1.51, a quick ratio of 0.67 and a debt-to-equity ratio of 41.86.

Saputo (TSE:SAPGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.01 earnings per share (EPS) for the quarter. Saputo had a net margin of 2.80% and a return on equity of 7.45%. The business had revenue of C$4.42 billion during the quarter. As a group, equities analysts anticipate that Saputo will post 1.7735369 earnings per share for the current year.

About Saputo

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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.

Further Reading

Dividend History for Saputo (TSE:SAP)

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