Lassonde Industries Inc (TSE:LAS) to Issue $0.70 Quarterly Dividend

Lassonde Industries Inc (TSE:LASGet Rating) declared a quarterly dividend on Friday, May 13th, Zacks reports. Stockholders of record on Thursday, May 26th will be given a dividend of 0.70 per share on Wednesday, June 15th. This represents a $2.80 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, May 25th.

Lassonde Industries has a 1-year low of C$209.50 and a 1-year high of C$269.18.

Lassonde Industries (TSE:LASGet Rating) last released its quarterly earnings results on Friday, March 25th. The company reported C$3.15 EPS for the quarter. The firm had revenue of C$487.51 million for the quarter, compared to analysts’ expectations of C$481.00 million.

About Lassonde Industries (Get Rating)

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.

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