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Lassonde ( ($TSE:LAS.A) ) has provided an update.
Lassonde Industries Inc. announced a quarterly dividend of $1.10 per share for holders of Class A and Class B shares, payable on March 14, 2025. This move aligns with its dividend policy and marks the company’s continued commitment to providing value to its shareholders. The designation of the dividend as an ‘eligible dividend’ for Canadian tax purposes may have favorable tax implications for shareholders, reinforcing Lassonde’s stable financial position and strategic focus on shareholder returns.
More about Lassonde
Lassonde Industries Inc. is a prominent player in the North American food and beverages industry, specializing in the development, manufacturing, and marketing of a diverse array of private label and national brand products. These include ready-to-drink beverages, fruit-based snacks, frozen juice concentrates, cranberry sauces, pasta sauces, BBQ sauces, soups, and fondue broths. Additionally, the company produces and markets a selection of wines and cider-based drinks, serving both retail and food service sectors through its 19 plants across Canada and the United States.
YTD Price Performance: 14.17%
Average Trading Volume: 70
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $880.5M
See more data about LAS.A stock on TipRanks’ Stock Analysis page.
