Lassonde Industries Inc (TSE:LAS) Announces $1.00 Quarterly Dividend

Lassonde Industries Inc (TSE:LAS) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Stockholders of record on Wednesday, November 20th will be given a dividend of 1.00 per share on Friday, December 13th. This represents a $4.00 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, November 20th.

Lassonde Industries Stock Performance

Lassonde Industries has a 52 week low of C$209.50 and a 52 week high of C$269.18.

Lassonde Industries (TSE:LAS) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$5.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$3.77 by C$1.96. The firm had revenue of C$624.70 million during the quarter, compared to analysts’ expectations of C$599.15 million.

Analyst Upgrades and Downgrades

Separately, Stifel Canada upgraded Lassonde Industries to a “strong-buy” rating in a research note on Tuesday, October 22nd.

About Lassonde Industries

Lassonde Industries Inc is a Canada-based company, which develops, manufactures and markets a range of ready-to-drink fruit and vegetable juices and drinks. The Company is a producer of store brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The Company operates in two market segments: the retail segment and the food service segment.