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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 9:07am
272 Views
Post# 33202290

$2 lower, not richer

$2 lower, not richer
Nobody is $2 "richer" You get $2 cash, but the shares fall $2 after the ex dividend date. The dividend is priced into the share price until then. It is a con job.

In fact you dont even get the $2 into your account for another month from the end of May till end of June - 5% of your capital un-investable for a month. 5% less equity in a margin account to borrow off of.

If you own options beyond May, you really get extra shafted - since the share price will be dropping by $2, all the options you spent good money on suddenly are $2 further out of the money, slashing your potential return and increasing the % the shares must increase to break even.

Interfor is supposed to be investing in lumber mills, yet they don't even buy the cheapest, easiest mills to buy on the market - their own. Somebody over at Intefor should get fired for not competing the NCIB by now. Take note board.
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