Latest news with #RogersSugar
Yahoo
3 days ago
- Business
- Yahoo
Rogers Sugar (TSE:RSI) Has Announced A Dividend Of CA$0.09
Rogers Sugar Inc.'s (TSE:RSI) investors are due to receive a payment of CA$0.09 per share on 15th of October. Based on this payment, the dividend yield on the company's stock will be 5.8%, which is an attractive boost to shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Rogers Sugar's Payment Could Potentially Have Solid Earnings Coverage Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. The last dividend was quite easily covered by Rogers Sugar's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. If the trend of the last few years continues, EPS will grow by 12.4% over the next 12 months. Assuming the dividend continues along recent trends, we think the payout ratio could be 59% by next year, which is in a pretty sustainable range. See our latest analysis for Rogers Sugar Rogers Sugar Has A Solid Track Record The company has an extended history of paying stable dividends. The most recent annual payment of CA$0.36 is about the same as the annual payment 10 years ago. Although we can't deny that the dividend has been remarkably stable in the past, the growth has been pretty muted. The Dividend Looks Likely To Grow Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. Rogers Sugar has impressed us by growing EPS at 12% per year over the past five years. Since earnings per share is growing at an acceptable rate, and the payout policy is balanced, we think the company is positioning itself well to grow earnings and dividends in the future. We Really Like Rogers Sugar's Dividend In summary, it is good to see that the dividend is staying consistent, and we don't think there is any reason to suspect this might change over the medium term. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. As an example, we've identified 2 warning signs for Rogers Sugar that you should be aware of before investing. 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.
Yahoo
3 days ago
- Business
- Yahoo
Rogers Sugar (TSE:RSI) Has Announced A Dividend Of CA$0.09
Rogers Sugar Inc.'s (TSE:RSI) investors are due to receive a payment of CA$0.09 per share on 15th of October. Based on this payment, the dividend yield on the company's stock will be 5.8%, which is an attractive boost to shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Rogers Sugar's Payment Could Potentially Have Solid Earnings Coverage Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. The last dividend was quite easily covered by Rogers Sugar's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. If the trend of the last few years continues, EPS will grow by 12.4% over the next 12 months. Assuming the dividend continues along recent trends, we think the payout ratio could be 59% by next year, which is in a pretty sustainable range. See our latest analysis for Rogers Sugar Rogers Sugar Has A Solid Track Record The company has an extended history of paying stable dividends. The most recent annual payment of CA$0.36 is about the same as the annual payment 10 years ago. Although we can't deny that the dividend has been remarkably stable in the past, the growth has been pretty muted. The Dividend Looks Likely To Grow Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. Rogers Sugar has impressed us by growing EPS at 12% per year over the past five years. Since earnings per share is growing at an acceptable rate, and the payout policy is balanced, we think the company is positioning itself well to grow earnings and dividends in the future. We Really Like Rogers Sugar's Dividend In summary, it is good to see that the dividend is staying consistent, and we don't think there is any reason to suspect this might change over the medium term. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. As an example, we've identified 2 warning signs for Rogers Sugar that you should be aware of before investing. 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.
Yahoo
16-05-2025
- Business
- Yahoo
Top TSX Dividend Stocks To Watch In May 2025
As trade tensions ease and interest rates remain steady, the Canadian market has shown resilience, with stocks posting gains amid global economic developments. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for investors seeking to navigate uncertain times while benefiting from regular payouts. Name Dividend Yield Dividend Rating Canadian Imperial Bank of Commerce (TSX:CM) 4.23% ★★★★★☆ Atrium Mortgage Investment (TSX:AI) 9.87% ★★★★★☆ IGM Financial (TSX:IGM) 5.09% ★★★★★☆ Russel Metals (TSX:RUS) 4.06% ★★★★★☆ Royal Bank of Canada (TSX:RY) 3.40% ★★★★★☆ Olympia Financial Group (TSX:OLY) 6.74% ★★★★★☆ National Bank of Canada (TSX:NA) 3.57% ★★★★★☆ Power Corporation of Canada (TSX:POW) 4.91% ★★★★★☆ Acadian Timber (TSX:ADN) 6.64% ★★★★★☆ Sun Life Financial (TSX:SLF) 3.99% ★★★★★☆ Click here to see the full list of 26 stocks from our Top TSX Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Rogers Sugar Inc. is involved in the refining, packaging, marketing, and distribution of sugar, maple, and related products across Canada, the United States, Europe, and internationally with a market cap of CA$714.61 million. Operations: Rogers Sugar Inc. generates revenue through its operations in refining, packaging, marketing, and distributing sugar and maple products across various regions including Canada, the United States, and Europe. Dividend Yield: 6.5% Rogers Sugar offers a high dividend yield of 6.46%, ranking in the top 25% of Canadian dividend payers, but its dividends are not covered by free cash flow and have been unreliable over the past decade. The company maintains a reasonable payout ratio of 74.9%, yet its debt is not well-covered by operating cash flow. Recent earnings showed growth, with Q2 sales at C$326.31 million and net income rising to C$20.54 million from C$13.94 million a year ago, amidst stable production volumes and new supply agreements enhancing operational stability. Click here and access our complete dividend analysis report to understand the dynamics of Rogers Sugar. Our comprehensive valuation report raises the possibility that Rogers Sugar is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Royal Bank of Canada operates as a diversified financial services company worldwide, with a market cap of CA$241.88 billion. Operations: Royal Bank of Canada generates revenue from several segments, including Insurance (CA$1.27 billion), Capital Markets (CA$12.42 billion), Personal Banking (CA$16.30 billion), Wealth Management (CA$20.41 billion), and Commercial Banking (CA$6.75 billion). Dividend Yield: 3.4% Royal Bank of Canada offers a reliable dividend yield of 3.4%, though it is lower than the top Canadian dividend payers. Its dividends have been stable and growing over the past decade, supported by a low payout ratio (46.3%). Despite recent insider selling, earnings growth remains positive, with profits covering dividends now and projected to do so in three years. Recent fixed-income offerings suggest ongoing capital management efforts amidst legal challenges related to derivative contracts in California. Get an in-depth perspective on Royal Bank of Canada's performance by reading our dividend report here. The valuation report we've compiled suggests that Royal Bank of Canada's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Total Energy Services Inc. is an energy services company operating primarily in Canada, the United States, Australia, and internationally with a market cap of CA$394.21 million. Operations: Total Energy Services Inc. generates revenue through its energy services operations across Canada, the United States, Australia, and other international markets. Dividend Yield: 3.9% Total Energy Services' dividends have seen volatility over the past decade, but recent increases suggest growth. The payout ratios are low, with earnings and cash flows covering dividends comfortably. Trading significantly below estimated fair value, its dividend yield of 3.91% is modest compared to top Canadian payers. Recent earnings reports show increased sales and net income, reflecting financial strength despite an unstable dividend history and recent board changes with Tim McMillan's election as director. Click to explore a detailed breakdown of our findings in Total Energy Services' dividend report. Upon reviewing our latest valuation report, Total Energy Services' share price might be too pessimistic. Navigate through the entire inventory of 26 Top TSX Dividend Stocks here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This 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. Companies discussed in this article include TSX:RSI TSX:RY and TSX:TOT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
15-05-2025
- Business
- Yahoo
Rogers Sugar Second Quarter 2025 Earnings: EPS: CA$0.16 (vs CA$0.13 in 2Q 2024)
Revenue: CA$326.3m (up 8.4% from 2Q 2024). Net income: CA$20.5m (up 47% from 2Q 2024). Profit margin: 6.3% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: CA$0.16 (up from CA$0.13 in 2Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Rogers Sugar. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 4.4% growth forecast for the Food industry in Canada. Performance of the Canadian Food industry. The company's shares are down 1.4% from a week ago. Before we wrap up, we've discovered 2 warning signs for Rogers Sugar (1 makes us a bit uncomfortable!) that you should be aware of. 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. Sign in to access your portfolio
Yahoo
10-05-2025
- Business
- Yahoo
New Five-Year Agreement with the Alberta Sugar Beet Growers
MONTRÉAL and VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the 'Corporation' or 'Rogers Sugar') (TSX: RSI) is pleased to announce a five-year agreement with the Alberta Sugar Beet Growers ('ASBG') for the supply of sugar beets to its Taber sugar refining plant. The new supply contract covers the 2025 to 2029 crops. Established almost 75 years ago, the Taber operation — the only sugar beet processing facility in Canada — is supported by approximately 200 Southern Alberta farm families, which supply the refinery with sugar beets. As a result, all sugar produced at this location is 100% Canadian. 'We are pleased to have reached an agreement with the Alberta Sugar Beet Growers for another five years. This agreement will help support the needs of our customers in Western Canada,' stated Mike Walton, President and Chief Executive Officer of Lantic Inc and Rogers Sugar Inc. About Rogers Sugar Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montréal, Québec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic also operate a distribution center in Toronto, Ontario. Lantic's sugar products are mainly marketed under the 'Lantic' trademark in Eastern Canada, and the 'Rogers' trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups. Lantic owns all of the common shares of TMTC and its head office is headquartered in Montréal, Québec. TMTC operates bottling plants in Granby, Dégelis and in St-Honoré-de-Shenley, Québec and in Websterville, Vermont. TMTC's products include maple syrup and derived maple syrup products supplied under retail private label brands in approximately fifty countries and sold under various brand names. For more information about Rogers please visit our website at For further informationMr. Jean-Sébastien CouillardVice President of Finance, Chief Financial Officer and Corporate Secretary Phone: (514) 940-4350Email: jscouillard@ in to access your portfolio