Goodfellow Inc T.GDL

Alternate Symbol(s): GFELF

Industrials Industrial Distribution

Goodfellow Inc. is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. Its business activities related to remanufacturing and distribution of lumber and wood products. It produces wood, wall concept, insulation and soundproofing, panels, floor, coating, specialties, terrace and roof. Its services include custom-made wood manufacturing; comprehensive and personalized carpentry services; HUNDEGGER K2i technology; wood treatment (MicroPro, CCA, ACQ and Flame Retardant); just-in-time and direct-to-job delivery; truck and container loading, and export preparation and packaging. It has a distribution footprint from coast-to-coast in Canada servicing commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners and floor covering specialists. It also leverages its value-added product capabilities to serve lumber markets internationally.

TSX:GDL - Post by User

Goodfellow Inc > Huge dividend coming

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Comment by BB123456on Oct 25, 2021 5:07pm

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Post# 34047143

RE:RE:RE:Huge dividend coming

I was surprised too. I wonder what their plans are for all the profits they have generated. Perhaps they do a 2nd dividend in the new year like they did last year.

Or maybe the relatively new President, Patrick Goodfellow, has some major investment plans for the money.

But I see no reason for them to sit on a bunch of extra money without some growth plans for the business.

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