Acadian Timber Corp. to Issue Quarterly Dividend of $0.29 (TSE:ADN)

Acadian Timber Corp. (TSE:ADN) announced a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.29 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Tuesday, March 31st.

Acadian Timber Price Performance

Shares of TSE:ADN opened at C$17.16 on Friday. The company has a market capitalization of C$316.70 million, a P/E ratio of 6.36, a price-to-earnings-growth ratio of -4.84 and a beta of 0.33. The company’s 50-day moving average is C$16.80 and its 200 day moving average is C$16.15. The company has a debt-to-equity ratio of 30.77, a quick ratio of 1.04 and a current ratio of 0.87. Acadian Timber has a fifty-two week low of C$13.98 and a fifty-two week high of C$18.43.

Acadian Timber (TSE:ADN) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$2.18 earnings per share (EPS) for the quarter. The business had revenue of C$21.98 million during the quarter. Acadian Timber had a net margin of 56.32% and a return on equity of 14.25%. On average, equities research analysts forecast that Acadian Timber will post 1.0095345 earnings per share for the current year.

Acadian Timber Company Profile

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company’s operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company’s product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.