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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 4.7 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 9:07am
303 Views
Post# 33202290

$2 lower, not richer

$2 lower, not richer
Nobody is $2 "richer" You get $2 cash, but the shares fall $2 after the ex dividend date. The dividend is priced into the share price until then. It is a con job.

In fact you dont even get the $2 into your account for another month from the end of May till end of June - 5% of your capital un-investable for a month. 5% less equity in a margin account to borrow off of.

If you own options beyond May, you really get extra shafted - since the share price will be dropping by $2, all the options you spent good money on suddenly are $2 further out of the money, slashing your potential return and increasing the % the shares must increase to break even.

Interfor is supposed to be investing in lumber mills, yet they don't even buy the cheapest, easiest mills to buy on the market - their own. Somebody over at Intefor should get fired for not competing the NCIB by now. Take note board.
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