Dorel Industries Ord Shs Class A T.DII.A

Alternate Symbol(s): DIIBF | T.DII.B

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 > Dividend of $10

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Post by lifeisgood1010on Oct 22, 2021 11:01am

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Post# 34037393

Dividend of $10

In early 2022,Dorel will get net$735 US or $905m CDN.

They did say that they will give some back to the shareholders.How much is anybody's
guess.

Paying a special div. of $10 would cost only $325CDN leaving $580m for other purposes.

After paying the $10, the company's balance sheets with be net debt free.

While in the stock market,nothing is a no brainer, this situation is very compelling to me.

I truly beleive that this is a $40+ stck in 2022

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