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Rogers Sugar Inc T.RSI

Alternate Symbol(s):  T.RSI.DB.E | T.RSI.DB.F | RSGUF

Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.


TSX:RSI - Post by User

Comment by stockpunteron Aug 31, 2023 12:30pm
295 Views
Post# 35614041

RE:RE:RE:RE:RE:52 week lows

RE:RE:RE:RE:RE:52 week lows
The dividend has been static for many years and will look highly attractive when 5%-plus GICs disappear.

The last dividend increase years ago happened about when the share price nearly doubled.

The current SP is off its highs but same with other blue chip stocks, like banks and telecoms.

Food is considered a defensive investment in times of financial uncertainty

The population of Canada is increasing due to immigration.

The stock is a component of model dividend portfolios and high yield ETFs

The company has a 140 year history.  I think I'll have to trust managemnt on whether they need to update the physical plant occassionally. 

It says 20% not 12% BTW.


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