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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

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Post by Lawyerupon Nov 20, 2020 1:36pm
813 Views
Post# 31941836

Dividends & Future

Dividends & FutureThe dividends used to be .065 cents paid on a quarterly basis.  The last dividend announcement was in Feb.2020 after that it was terminated.  Based on $1.52 share price a quarterly dividend of .065 cents represents a 17% dividend.  SXP is so cheap right now.  Company is buying back shares, will no doubt start a dividend again possible in 2021 and the financials are looking good.  I expect a big jump in share price in 2021 so things look positive going forward.  Just needs to get noticed.
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