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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. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Post by Hanalyst727on May 14, 2021 4:28am
263 Views
Post# 33201655

dividend

dividend
At best the dividend will attract some attention from fund managers to take notice of how much cash is being generated.

I really don't understand though why anyone would be excited to recieve money that they already own, and then pay tax on it.

IFP shares didnt go up much on the announcement, but you can take to the bank that they will go down by $2/shr after the ex-dividend date. And then you get to pay tax on the marked up amount at your marginal rate. Its a donation to the government.

Its like someone unlocking your safe, taking 5% of the cash out and handing it to you. And then you say thank you!

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