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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. The Company operates through solid wood products segment. The Company offers its products across two categories, which include Dimension Lumber and Specialty Lumber. The Company's products include Interfor machine-stress rated (MSR) Lumber, Interfor Western HQ Lumber, Interfor Stud Lumber, Interfor Elite Decking, Interfor Elite Fascia & Boards, Interfor Elite V-Joint Paneling, Interfor Elite Fineline Paneling, Interfor Elite Channel and Lap sidings, Interfor Elite Bevel Siding and Interfor Elite Shadow Gap Siding. It produces quality joist products for both residential and commercial floor and roof projects. The Company has annual lumber production capacity of approximately 5.2 billion board feet and offers a diverse line of lumber products to customers around the globe.


TSX:IFP - Post by User

Post by Hanalyst727on May 14, 2021 4:28am
242 Views
Post# 33201655

dividend

dividend
At best the dividend will attract some attention from fund managers to take notice of how much cash is being generated.

I really don't understand though why anyone would be excited to recieve money that they already own, and then pay tax on it.

IFP shares didnt go up much on the announcement, but you can take to the bank that they will go down by $2/shr after the ex-dividend date. And then you get to pay tax on the marked up amount at your marginal rate. Its a donation to the government.

Its like someone unlocking your safe, taking 5% of the cash out and handing it to you. And then you say thank you!

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