Cascades Inc. produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It manufactures containerboards, as well as converts corrugated products. The company also offers uncoated recycled paperboards for use in packaging converters and industrial users of headers and wrappers for the paper industry, as well as partitions that are used as protective packaging; honeycomb paperboards for the beer, wine, and spirits industry; laminated paperboards for food packaging and furniture backing industries; and specialty containers, structural components, and paperboard and fiber composites. In addition, it provides egg filler flats and egg cartons for egg processors and four-cup carriers for the quick-service restaurant industry; polystyrene foam trays for processors and retailers in the food industry; rigid plastic packaging products for food industry, processors, and retailers; and flexible films for frozen foods, bakery, and ice industries. Further, the company offers bathroom and facial tissues, paper towels, paper hand towels and napkins, and other related products and services under the Cascades PRO Signature, Cascades PRO Perform, Cascades PRO Select, Cascades PRO Tandem, and Cascades PRO Tuff-Job brands; and under the Cascades Fluff, Cascades Tuff, and Satin Soft labels, as well as private labels and other secondary marks. Additionally, it offers services to recover and process discarded materials for the municipal, industrial, commercial, and institutional sectors. The company sells its products through own sales force and external representatives. Cascades Inc. was incorporated in 1964 and is headquartered in Kingsey Falls, Canada.
Cascades Dividend Announcement
• Cascades announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-22
• Cascades annual dividend for 2024 was $0.26
• Cascades annual dividend for 2023 was $0.35
• Cascades's trailing twelve-month (TTM) dividend yield is 4.57%
• Cascades's payout ratio for the trailing twelve months (TTM) is -114.29%
• Cascades's dividend growth over the last five years (2018-2023) was 23.30% year
Cascades Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | $0.09 | quarterly | 2024-09-05 |
2024-05-22 | $0.09 | quarterly | |
2024-03-06 | $0.09 | quarterly | |
2023-11-23 | $0.09 | quarterly | 2023-12-07 |
2023-08-17 | $0.09 | quarterly | 2023-09-01 |
2023-05-25 | $0.09 | quarterly | 2023-06-08 |
2023-03-08 | $0.09 | quarterly | 2023-03-23 |
2022-11-22 | $0.09 | quarterly | 2022-12-08 |
2022-08-16 | $0.09 | quarterly | 2022-09-01 |
2022-05-25 | $0.09 | quarterly | 2022-06-09 |
2022-03-09 | $0.09 | quarterly | 2022-03-24 |
2021-11-23 | $0.09 | quarterly | 2021-12-09 |
2021-08-17 | $0.10 | quarterly | 2021-09-02 |
2021-05-18 | $0.07 | quarterly | 2021-06-03 |
2021-03-09 | $0.06 | quarterly | 2021-03-25 |
2020-11-19 | $0.06 | quarterly | 2020-12-03 |
2020-08-19 | $0.06 | quarterly | 2020-09-03 |
2020-05-20 | $0.06 | quarterly | 2020-06-04 |
2020-03-11 | $0.06 | quarterly | 2020-03-26 |
2019-11-20 | $0.06 | quarterly | 2019-12-05 |
2019-08-20 | $0.06 | quarterly | 2019-09-06 |
2019-03-12 | $0.03 | quarterly | 2019-03-28 |
2018-11-20 | $0.03 | quarterly | 2018-12-05 |
2018-08-21 | $0.03 | quarterly | 2018-09-06 |
2018-05-22 | $0.03 | quarterly | 2018-06-06 |
2018-03-13 | $0.03 | quarterly | 2018-03-28 |
2017-11-21 | $0.03 | quarterly | 2017-12-01 |
2017-08-21 | $0.03 | quarterly | 2017-09-01 |
2017-05-18 | $0.03 | quarterly | 2017-06-01 |
2017-03-22 | $0.03 | quarterly | 2017-04-03 |
2016-11-23 | $0.03 | quarterly | |
2016-08-24 | $0.03 | quarterly | |
2016-05-25 | $0.03 | quarterly | |
2016-03-22 | $0.03 | quarterly | |
2015-11-25 | $0.03 | quarterly | |
2015-08-26 | $0.03 | quarterly | |
2015-05-22 | $0.03 | quarterly | |
2015-03-20 | $0.03 | quarterly | |
2014-11-18 | $0.04 | quarterly | |
2014-08-27 | $0.04 | quarterly | |
2014-05-22 | $0.04 | quarterly | |
2014-03-20 | $0.04 | quarterly |
Cascades Dividend per year
Cascades Dividend growth
Cascades Dividend Yield
Cascades current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing Cascades stock? Use our calculator to estimate your expected dividend yield:
Cascades Financial Ratios
Cascades Dividend FAQ
Other factors to consider when evaluating Cascades as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cascades's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cascades publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cascades distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cascades are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cascades sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cascades distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cascades declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cascades's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cascades's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.