Acadian Timber Corp. (TSE:ADN – Get Free Report) declared a quarterly dividend on Wednesday, July 31st, Zacks reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.29 per share on Tuesday, October 15th. This represents a $1.16 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend is Monday, September 30th.
Acadian Timber Price Performance
Shares of ADN stock traded down C$0.06 during trading on Friday, hitting C$18.03. The company had a trading volume of 2,100 shares, compared to its average volume of 5,671. The company has a quick ratio of 1.04, a current ratio of 0.44 and a debt-to-equity ratio of 36.66. The stock’s 50-day moving average is C$17.36 and its two-hundred day moving average is C$17.19. The stock has a market capitalization of C$313.54 million, a price-to-earnings ratio of 10.44, a price-to-earnings-growth ratio of -4.84 and a beta of 0.87. Acadian Timber has a 52 week low of C$15.50 and a 52 week high of C$18.69.
Acadian Timber (TSE:ADN – Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C$0.35 earnings per share for the quarter. The company had revenue of C$28.81 million for the quarter. Acadian Timber had a net margin of 29.86% and a return on equity of 9.48%. As a group, analysts predict that Acadian Timber will post 1.4394904 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on ADN
About Acadian Timber
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.
Recommended Stories
- Five stocks we like better than Acadian Timber
- What Investors Need to Know to Beat the Market
- Amazon Stock is Primed to Rebound Strongly After AI Bubble Bursts
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Shell Stock: Oil & Gas Giant Committed to Buybacks and Dividends
- What is a Low P/E Ratio and What Does it Tell Investors?
- Chevron Stock Dips as Earnings Miss Highlights Merger Uncertainty
Receive News & Ratings for Acadian Timber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadian Timber and related companies with MarketBeat.com's FREE daily email newsletter.