Bullboard - Stock Discussion Forum Rogers Sugar Inc T.RSI

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

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... see more

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TSX:RSI - Post Discussion

Rogers Sugar Inc > RSI A good TSX consumer defensive stock

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Post by kijiji on Jan 21, 2022 3:34pm

RSI A good TSX consumer defensive stock

Consumer defensive stocks belong to companies that offer widely used products, such as grocery, due to which their demand is generally evergreen.

By investing in such stocks, investors can fetch long-term gains and diversify their portfolio risk.

Rogers Sugar Inc (TSX:RSI)

Rogers Sugar Inc posted a revenue of C$ 243.23 million in Q4 FY2021. Its net earnings amounted to C$ 16.14 million in the latest quarter, up from C$ 12.95 million a year ago.

The Canadian sugar producer’s next quarterly dividend of C$ 0.09 is scheduled for February 1, 2022.

Investment in consumer defensive stocks can help investors through tough times like market downturns and inflation, as the sales for such companies do not usually fall drastically amid financial pressure.

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