Rogers Sugar Inc. Announces Quarterly Dividend Payment
Rogers Sugar Inc. Declares Exciting Dividend for Investors
In a strategic move to enhance shareholder value, Rogers Sugar Inc. (TSX: RSI) recently announced the declaration of a quarterly dividend. This decision comes as the Board of Directors seeks to reward shareholders, reflecting the company's ongoing commitment to its investors.
Details of the Dividend Announcement
The Board of Directors of Rogers Sugar Inc. has authorized the payment of a quarterly dividend of $0.09 per share. Shareholders who are on record as of a specified date will be eligible to receive this dividend, which represents an eligible dividend for income tax purposes. This initiative aims to bolster investor confidence and ensure a steady return on investment for current and potential shareholders.
Dividend Payment Schedule
For those interested in the timeline, the dividend will be payable on an announced date, allowing shareholders to anticipate their earnings from this investment. This forward approach indicates the company's positive cash flow and financial health, which reassures investors about their stakes in Rogers Sugar.
Company's Commitment to Shareholders
Rogers Sugar Inc. continues to focus on creating value for its shareholders through consistent dividends and strategic business practices. The company's strong performance in the sugar market, paired with its efficient operations, allows it to distribute dividends while investing in future opportunities and maintaining sustainable growth.
About Rogers Sugar Inc.
Rogers Sugar Inc. is a prominent player in the North American sugar industry. Specializing in the production and sale of sugar and syrup products, the company has established itself as a trusted name in the market. With a focus on quality and customer satisfaction, Rogers Sugar is committed to delivering value to both its shareholders and consumers alike.
Contact Information for Inquiries
For further inquiries regarding the dividend announcement, interested parties can contact:
Mr. Jean-Sébastien Couillard
Vice President of Finance
Chief Financial Officer & Corporate Secretary
Lantic Inc.
Phone: (514) 940-4350
Website: www.lanticrogers.com
Frequently Asked Questions
What is the declared dividend amount for Rogers Sugar?
The declared dividend amount is $0.09 per share.
Who is eligible to receive the dividend?
Shareholders recorded by the specified date will be eligible to receive the dividend.
When will the dividend be paid?
The dividend is payable on a future announced date.
How does this dividend reflect Rogers Sugar's financial health?
This dividend reflects the company's positive cash flow and confidence in continuing to generate returns for its shareholders.
Who can I contact for more information about the dividend?
For more information, you can reach out to Mr. Jean-Sébastien Couillard, the Vice President of Finance, at Lantic Inc.
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