TSX:NXR.UN - Post by User
Post by
MollyRJon Nov 20, 2021 7:33pm
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Post# 34149958
Defiance
DefianceI know this is the NXR board and l own as well , but a few thoughts on DBM. They are not strictly only involved in commodity pricing, as they have , basically a mini Lowes in Hawai8, assets on the West coast of both US and Canada , as well as closure in the southern part of USA ,plus finish at note attractive prices different wood products. They also have distribution centres acres Canada from coast to coast. They did when Covid hit cut the div 15% but did pay a special d8vand now have returned to pre div levels. In regards to Mr Roman ,CE and largest shareholder , he actually pays his US CEO mo4e than himself in salary but he takes additional shares . With over 16 million of those shares his return by divs is over 9 million a year. Now that's what l call skin in the game and why l believe like SD that divs are of paramount importance for real portfolio enhancement , since l only add no intention of selling and those dive help mitigate the volatility you mentioned. Static stocks no or little divs don't have that protection and the only money you make is when you sell but l am sure you are well aware of that fact. Cheers Mate and good investing