Rogers Sugar Inc. (RSI) To Go Ex-Dividend on December 27th

Rogers Sugar Inc. (TSE:RSI) announced a quarterly dividend on Friday, December 27th,TickerTech Dividends reports. Investors of record on Thursday, January 9th will be paid a dividend of 0.09 per share on Thursday, January 9th. This represents a $0.36 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date is Friday, December 27th.

Rogers Sugar Stock Performance

Shares of TSE:RSI remained flat at C$6.02 during trading on Wednesday. 106,696 shares of the stock traded hands, compared to its average volume of 190,703. The company has a debt-to-equity ratio of 100.31, a quick ratio of 0.56 and a current ratio of 1.66. The company has a market capitalization of C$770.08 million, a price-to-earnings ratio of 16.27 and a beta of 0.60. The company’s fifty day moving average is C$5.82 and its 200-day moving average is C$5.72. Rogers Sugar has a 12 month low of C$5.12 and a 12 month high of C$6.47.

Insiders Place Their Bets

In other Rogers Sugar news, Senior Officer Michael Walton sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of C$5.96, for a total transaction of C$119,200.00. Also, Senior Officer Patrick Dionne sold 50,352 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$6.37, for a total value of C$320,943.65. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on RSI shares. Scotiabank set a C$6.25 price target on Rogers Sugar and gave the stock a “sector perform” rating in a research report on Wednesday, November 27th. BMO Capital Markets upped their price target on Rogers Sugar from C$6.50 to C$7.00 in a research note on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$6.55.

About Rogers Sugar

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.