Rogers Sugar Inc. (RSI) To Go Ex-Dividend on March 28th

Rogers Sugar Inc. (TSE:RSI) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.09 per share on Wednesday, April 16th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date is Friday, March 28th.

Rogers Sugar Stock Performance

Shares of Rogers Sugar stock traded down C$0.02 during midday trading on Wednesday, hitting C$5.52. The company had a trading volume of 23,292 shares, compared to its average volume of 255,198. The company has a debt-to-equity ratio of 104.41, a current ratio of 1.39 and a quick ratio of 0.56. The business’s 50 day simple moving average is C$5.56 and its two-hundred day simple moving average is C$5.72. Rogers Sugar has a 1-year low of C$5.12 and a 1-year high of C$6.47. The stock has a market cap of C$704.34 million, a PE ratio of 12.64 and a beta of 0.60.

Insider Buying and Selling

In other Rogers Sugar news, Senior Officer Jean-Sebastien Couillard purchased 9,400 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average price of C$5.35 per share, with a total value of C$50,278.72. Also, Director M. Dallas H. Ross bought 150,000 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were bought at an average cost of C$5.42 per share, for a total transaction of C$813,000.00. 0.28% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on RSI shares. BMO Capital Markets reduced their price target on Rogers Sugar from C$7.00 to C$6.50 and set a “market perform” rating for the company in a research note on Friday, February 7th. Scotiabank cut their target price on Rogers Sugar from C$6.25 to C$6.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.