RE:RE:DOMAN must believe....tis a good question..i know that they have previously been loath to do so due to being in the WHOLESALE business. This means that they are at the mercy of margins - something that they can't completely control. From day one, they always talked about 25% of earnings being paid out on a semi yearly basis but failed to deliver because earnings were all over the place (ie profits, followed by losses from quarter to quarter). Things are a little different now with their value added inititatives-pressure treating, dimensional lumber and margins spreads are alot higher at these prices. Me, i'm not seeing a regular divi anytime soon..best case is they re-iterate a profit sharing divi AND THEN ACTUALLY FOLLOW thru..regards, dwdc
P.S. i've begun buying a full position in DOMAN-already paying a REG quarterly divi and recently paid a special divi PLUS made 2 what was called highly accreative buyouts (CEO stressed this was still true under normal wood pricing). In addition to now being North America's largest wood prreserver-they are much more vertically intergrated right down to raw timber harvesting licences..do your own DD