Dorel Industries Ord Shs Class A T.DII.B

Primary Symbol: T.DII.A Alternate Symbol(s): DIIBF

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

TSX:DII.A - Post by User

Dorel Industries Ord Shs Class A

<< Previous

Bullboard Posts

Next >>

Post by nozzpackon Oct 14, 2021 8:21pm

254 Views

Post# 34007530

Special Cash Dividend

Dorel can now easily afford a one time cash dividend of $10 per share, while resuming its $0,30 per quarter regular dividend .

I did a quick calculation of what might be received from the sale of the remaining two segments including the benefit of $37 million less 27% tax and I get about $1.25 billion in CAD.
Paying off all remaining debt/liabilities will cost about $600 million CAD, leaving net $600 million cad in cash or about $18 per share.

Total cash would then amount to about $50 per share which is close to $46 computed by TD.

So, TD's numbers are realistic ...

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?