Dividend will be $0.40Just my guess but I still feel this business is doing all the right things... A quick look through their 2010 annual report shows a sensitivity scale and for every
.01 change in $US to $CAD is an increase in Net Income over the full year of $6 million. CAD has gone from $1.05 US to
.94 US today which annualized is an increase in NI of $66 million. That being said every $10 decrease in Pulp prices will lead to a decrease in NI of $7 million. Pulp prices havent come off that much,
here is a link to pulp prices
https://www.paperage.com/foex/pulp.html
On another side note
based on their annual report they distributed $2.58 in cash last year but they could of distributed $2.91 in cash. And Finally, a loss of 10,000 tonnes is peanuts in the grand scheme of things, these guys produce over 1,000,000 tonnes of NBSK so that 10,000 tonnes is 1% of production, whopeee ding dong.