Saputo Inc. (TSE:SAP) Plans $0.20 Quarterly Dividend

Saputo Inc. (TSE:SAP) declared a quarterly dividend on Tuesday, June 16th, TickerTech Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.20 per share on Thursday, June 25th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, June 16th.

Saputo Price Performance

Saputo stock opened at C$42.01 on Friday. The business’s 50-day simple moving average is C$41.27 and its 200 day simple moving average is C$41.45. The stock has a market cap of C$16.82 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 0.56 and a beta of 0.06. Saputo has a 12-month low of C$26.35 and a 12-month high of C$45.09. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 48.08.

Saputo (TSE:SAP) last posted its quarterly earnings results on Thursday, June 4th. The company reported C$0.41 earnings per share (EPS) for the quarter. The business had revenue of C$3.31 billion for the quarter. Saputo had a return on equity of 9.98% and a net margin of 3.65%. As a group, research analysts anticipate that Saputo will post 1.7735369 earnings per share for the current year.

Saputo Company Profile

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.