Bullboard - Stock Discussion Forum Dorel Industries Ord Shs Class A T.DII.B

Primary Symbol: T.DII.A Alternate Symbol(s): DIIBF

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor... see more

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Comment by JMOttawaon Jan 05, 2022 3:19pm

RE:RE:Share Buyback….Not much before Dividend date

I suspect they will focus on the NCIB and making the remaining divisions as profitable as possible. I would be surprised to see the regular dividend reinstated.

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Comment by byloselhiron Jan 05, 2022 11:11am

RE:Share Buyback….Not much before Dividend date

Assuming they sell the rest and it takes awhile would you see them doing a regular divi in the mean time?

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Post by nozzpackon Jan 05, 2022 9:10am

Share Buyback….Not much before Dividend date

orel to launch normal course issuer bid The TSX has approved Dorel's normal course issuer bid (NCIB). Under the NCIB, Dorel may purchase, for cancellation, a maximum of 1,891,222 Class B shares, ...more

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Post by nozzpackon Jan 05, 2022 9:05am

Short Interest

Sufficient Volume to cover Yesterday Short Positions for DII.B Symbol Report Date Volume Change Shares Issued ...more

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Comment by decko70on Jan 05, 2022 7:56am

RE:RE:RE:Dividend Witholding tax

Agreed - I am resident in Ireland which is also 15% but our tax rates on dividends are awful ( 52%) CGT is 33%

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Comment by subliminal23on Jan 05, 2022 7:21am

RE:RE:Dividend Witholding tax

Correct me if I am wrong but Canada and US have a tax treaty. %15 should be withheld from the payout but you can then apply for a foreign tax credit for the taxes withheld to prevent double ...more

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Comment by decko70on Jan 05, 2022 6:25am

RE:RE:RE:Debt Liquidation Implications

Nozzback - fully agree re valuation - WHat Short Interest do you see ? ALso note some of the 345 will be spent agreesively buying back shares This is really good as it will also save them ...more

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Comment by McRambuson Jan 04, 2022 8:58pm

RE:Dividend Witholding tax

If you are fron the US and your stock is not held in a tax deffered account such as an IRA you will be subject to withholding tax for sure.

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Comment by nozzpackon Jan 04, 2022 7:33pm

RE:RE:Debt Liquidation Implications

I think you might be right. They will have $345 Million US of cash from the sale of Sports, following the dividend payment and I recall they had $60 million in cash heading into Q4 . So, perhaps less ...more

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Comment by decko70on Jan 04, 2022 5:03pm

RE:Debt Liquidation Implications

i dont think all debt will be paid off. The PR said debt will be reduced ( not eliminated)

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Comment by Paddy902on Jan 04, 2022 4:04pm

RE:RE:Debt Liquidation Implications

Yes, even a conservative estimate would suggest we have another 2-3 dollar upside...ie a 11-12 dollar stock once the $15+ Canadian dividend is paid...basically 10% in a month. I bought some back right ...more

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