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Cascades (TSX:CAS) Dividend Yield % : 5.10% (As of Apr. 25, 2024)


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What is Cascades Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Cascades is 5.10%.

Good Sign:

Cascades Inc stock dividend yield is close to 1-year high.

The historical rank and industry rank for Cascades's Dividend Yield % or its related term are showing as below:

TSX:CAS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.9   Med: 2.11   Max: 6.11
Current: 5.1

During the past 13 years, the highest Dividend Yield of Cascades was 6.11%. The lowest was 0.90%. And the median was 2.11%.

TSX:CAS's Dividend Yield % is ranked better than
85.04% of 254 companies
in the Packaging & Containers industry
Industry Median: 2.435 vs TSX:CAS: 5.10

Cascades's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.30.

During the past 13 years, the highest Dividend Payout Ratio of Cascades was 23.53. The lowest was 0.06. And the median was 0.22.

As of today (2024-04-25), the Forward Dividend Yield % of Cascades is 5.10%.

Cascades's Dividends per Share for the three months ended in Dec. 2023 was C$0.12.

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cascades was 35.70% per year. The lowest was 6.30% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Cascades Dividend Yield % Historical Data

The historical data trend for Cascades's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cascades Dividend Yield % Chart

Cascades Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.20 2.86 5.61 3.77

Cascades Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.61 4.37 4.11 3.91 3.77

Competitive Comparison of Cascades's Dividend Yield %

For the Packaging & Containers subindustry, Cascades's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cascades's Dividend Yield % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cascades's Dividend Yield % falls into.



Cascades Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cascades Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1202024-03-062024-03-072024-03-21Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-11-232023-11-242023-12-07Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-08-172023-08-182023-09-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1202023-05-252023-05-262023-06-08Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cascades's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.48/9.30
=5.16 %

Current Share Price is C$9.30.
Cascades's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.48.

Cascades's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/9.30
=5.16 %

Current Share Price is C$9.30.
Cascades's Dividends per Share for the forward twelve months is calculated as C$0.12 * 4 = C$0.48.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cascades  (TSX:CAS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cascades Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Cascades's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cascades (TSX:CAS) Business Description

Traded in Other Exchanges
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.