Lassonde Industries (TSE:LAS.A – Get Free Report) released its quarterly earnings data on Thursday. The company reported C$7.45 EPS for the quarter, FiscalAI reports. Lassonde Industries had a return on equity of 10.05% and a net margin of 4.31%.
Lassonde Industries Trading Up 1.0%
Shares of TSE:LAS.A traded up C$2.18 during mid-day trading on Thursday, reaching C$226.99. The stock had a trading volume of 2,775 shares, compared to its average volume of 1,809. The firm has a 50 day simple moving average of C$216.70 and a two-hundred day simple moving average of C$223.07. Lassonde Industries has a twelve month low of C$202.51 and a twelve month high of C$253.85. The firm has a market cap of C$1.55 billion, a PE ratio of 9.57 and a beta of -0.20. The company has a current ratio of 1.78, a quick ratio of 0.55 and a debt-to-equity ratio of 19.88.
Lassonde Industries Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 15th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, May 20th. Lassonde Industries’s dividend payout ratio (DPR) is currently 19.18%.
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.
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