Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

TSX:DBM - Post by User

Doman Building Materials Group Ltd > Increases Quarterly Dividend & Announces 3rd Quarter Results

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Comment by Stocker46on Nov 04, 2021 6:19pm

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Post# 34089294

RE:RE:RE:Increases Quarterly Dividend & Announces 3rd Quarter Results

Good question. Last quarter they had record profits but were punished severely for missing the consensus earnings due to the $19 m write down.

This Q - Net Earnings were about 15% of 2nd Q earnings but they more or less met the estimates.
Sometimes perception is everything. ??

No doubt, many DBM shareholders were hoping for a dividend increase.
Of course, I'd like to it go up significantly, but if there's a big pullback I'll be adding more.

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