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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Comment by carlocarlion Nov 06, 2017 4:08pm
92 Views
Post# 26913989

RE:RECORD EARNINGS REPORT

RE:RECORD EARNINGS REPORTTheir dividend payout rate (proportion of net earnings paid out as dividend) may be beginning to raise concern among investors. About 8 year ago, OSB (then called NBD) had financial problems, in great part due to unsustainable dividend payouts; they barely avoided bankruptcy. The market may be concerned by a dividend yeld in excess of 5%; I know I am uneasy about it; I would feel more comfortable with a dividend of $ 0.3 - $ 0.4 per share per quarter.
In any case, good luck to you and everyone else who follows this bullboard.
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