Acadian Timber Corp. Announces Dividend of $0.21 (OTCMKTS:ACAZF)

Acadian Timber Corp. (OTCMKTS:ACAZF) declared a dividend on Friday, June 21st, investing.com reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.2118 per share on Monday, July 15th. This represents a yield of 6.83%. The ex-dividend date of this dividend is Friday, June 28th.

Acadian Timber Stock Performance

ACAZF stock remained flat at $12.51 during midday trading on Thursday. 845 shares of the company traded hands, compared to its average volume of 3,961. Acadian Timber has a 52 week low of $11.13 and a 52 week high of $13.81. The company’s fifty day moving average is $12.77 and its two-hundred day moving average is $12.67.

Acadian Timber Company Profile

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages freehold timberlands in New Brunswick and Maine; and provides timber services relating to Crown licensed timberlands in New Brunswick.