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

Lassonde Industries Inc (TSE:LAS.A) announced a quarterly dividend on Friday, February 20th, TickerTech Dividends reports. Stockholders 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 dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 20th.

Lassonde Industries Stock Performance

Shares of Lassonde Industries stock opened at C$231.89 on Wednesday. The company has a 50 day moving average price of C$221.56 and a 200 day moving average price of C$219.24. The company has a quick ratio of 0.55, a current ratio of 1.78 and a debt-to-equity ratio of 19.88. The firm has a market capitalization of C$1.58 billion, a P/E ratio of 12.88 and a beta of -0.71. Lassonde Industries has a 52 week low of C$177.47 and a 52 week high of C$245.68.

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.