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. Shareholders of record on Thursday, January 9th will be given 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 of this dividend 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 were exchanged, compared to its average volume of 190,703. Rogers Sugar has a 12 month low of C$5.12 and a 12 month high of C$6.47. The company has a current ratio of 1.66, a quick ratio of 0.56 and a debt-to-equity ratio of 100.31. The business’s 50 day moving average is C$5.82 and its two-hundred day moving average is C$5.72. The stock has a market capitalization of C$770.08 million, a PE ratio of 16.27 and a beta of 0.60.

Wall Street Analyst Weigh In

RSI has been the topic of a number of analyst reports. 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 lifted their target price on Rogers Sugar from C$6.50 to C$7.00 in a report on Friday, November 29th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Rogers Sugar currently has a consensus rating of “Hold” and a consensus target price of C$6.55.

Insider Buying and Selling

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

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.