Latest news with #Cascades'
Yahoo
12-05-2025
- Business
- Yahoo
Cascades (TSE:CAS) Is Due To Pay A Dividend Of CA$0.12
The board of Cascades Inc. (TSE:CAS) has announced that it will pay a dividend of CA$0.12 per share on the 5th of June. The dividend yield will be 5.7% based on this payment which is still above the industry average. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Cascades' stock price has reduced by 34% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield. Our free stock report includes 3 warning signs investors should be aware of before investing in Cascades. Read for free now. If the payments aren't sustainable, a high yield for a few years won't matter that much. Even though Cascades isn't generating a profit, it is generating healthy free cash flows that easily cover the dividend. In general, cash flows are more important than the more traditional measures of profit so we feel pretty comfortable with the dividend at this level. Over the next year, EPS is forecast to rise by 95.6%. It's encouraging to see things moving in the right direction, but this probably won't be enough for the company to turn a profit. The healthy cash flows are definitely a good sign though, so we wouldn't panic just yet, especially with the earnings growing. View our latest analysis for Cascades Even over a long history of paying dividends, the company's distributions have been remarkably stable. The dividend has gone from an annual total of CA$0.16 in 2015 to the most recent total annual payment of CA$0.48. This works out to be a compound annual growth rate (CAGR) of approximately 12% a year over that time. It is good to see that there has been strong dividend growth, and that there haven't been any cuts for a long time. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Let's not jump to conclusions as things might not be as good as they appear on the surface. Over the past five years, it looks as though Cascades' EPS has declined at around 44% a year. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough. However, the next year is actually looking up, with earnings set to rise. We would just wait until it becomes a pattern before getting too excited. Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. The company has been bring in plenty of cash to cover the dividend, but we don't necessarily think that makes it a great dividend stock. We would be a touch cautious of relying on this stock primarily for the dividend income. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Just as an example, we've come across 3 warning signs for Cascades you should be aware of, and 2 of them can't be ignored. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
07-05-2025
- Business
- Cision Canada
MEDIA ADVISORY - REMINDER: CASCADES WILL RELEASE FIRST QUARTER 2025 FINANCIAL RESULTS AND WILL HOLD ITS ANNUAL GENERAL MEETING OF SHAREHOLDERS ON MAY 8
KINGSEY FALLS, QC, May 7, 2025 /CNW/ - Cascades (TSX: CAS) would like to remind that it will release its first quarter 2025 financial results before the market opens on Thursday, May 8, 2025 and will hold a conference call at 9:00 a.m. EDT to discuss the results. The conference call can be accessed by phone or on the Company's website. Webcast (live and archived): or Replay: +1 (888) 660-6345 / +1 (289) 819-1450 (international) Access code 38876 # (until June 8, 2025) The Cascades' Annual General Meeting of Shareholders will follow the release of the financial results. The event, which will be held in virtual form, will take place at 11:00 a.m. EDT, via the broadcast platform: Journalists who would like to conduct one-on-one interviews following the meeting are invited to contact Hugo D'Amours, Vice-President, Communications, Public Affairs and Sustainability, whose contact information is provided below. For more information regarding the release of the financial results and the meeting, please refer to the Investors section of Cascades' website at Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs 10,000 talents, who work in a network of nearly 70 production units in North America. With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS.
Globe and Mail
24-04-2025
- Business
- Globe and Mail
MEDIA ADVISORY - CASCADES' 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 8
KINGSEY FALLS, QC , April 24, 2025 /CNW/ - Cascades (TSX: CAS) announces that its Annual General Meeting of Shareholders will take place on Thursday, May 8, 2025 at 11 a.m. EDT . The event will be held in virtual format and those wishing to attend are invited to join the online broadcast platform 15 minutes before the scheduled event time. What? Cascades 2025 Annual General Meeting of Shareholders When? Thursday, May 8, 2025 at 11 a.m. EDT Where? Journalists who would like to conduct one-on-one interviews following the meeting are invited to contact Hugo D'Amours, Vice-President, Communications, Public Affairs and Sustainable Development, whose contact information is provided below. Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs 10,000 talents, who work in a network of nearly 70 production units in North America . With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS.
Cision Canada
24-04-2025
- Business
- Cision Canada
MEDIA ADVISORY - CASCADES' 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 8 Français
KINGSEY FALLS, QC, April 24, 2025 /CNW/ - Cascades (TSX: CAS) announces that its Annual General Meeting of Shareholders will take place on Thursday, May 8, 2025 at 11 a.m. EDT. The event will be held in virtual format and those wishing to attend are invited to join the online broadcast platform 15 minutes before the scheduled event time. What? Cascades 2025 Annual General Meeting of Shareholders When? Thursday, May 8, 2025 at 11 a.m. EDT Where? Journalists who would like to conduct one-on-one interviews following the meeting are invited to contact Hugo D'Amours, Vice-President, Communications, Public Affairs and Sustainable Development, whose contact information is provided below. Founded in 1964, Cascades offers sustainable, innovative and value-added solutions for packaging, hygiene and recovery needs. The company employs 10,000 talents, who work in a network of nearly 70 production units in North America. With its management philosophy, half a century of experience in recycling, and continuous efforts in research and development as driving forces, Cascades continues to deliver the innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS. SOURCE Cascades Canada ULC.
