Acadian Timber Corp T.ADN

Alternate Symbol(s): ACAZF

Forest Products Lumber & Wood Production

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.

TSX:ADN - Post by User

Acadian Timber Corp > Dividend Payout Ratio > 100% for how long?

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Comment by JayBankson Nov 01, 2021 1:56pm

185 Views

Post# 34073961

RE:Dividend Payout Ratio > 100% for how long?

sil9999 wrote:
When does Acadian get back to their goal of 90-95% payout ratio? Is a dividend cut the only option?

I don't remember a bunch on the company, but I believe they eventually anticipate an uptick in biomas sales and they have something in the can that was gonna add revenue but I don't remember what it was... that likely doesn't help but I remember it was addressed at one time and the company was confidant there was no issue due to future something...

Ive been watching and waiting to pull the trigger for a while as I like the sector, but I always find better ideas with better payouts or outlooks... eventually I'm just gonna get in and collect...

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