Genesis Land Development Corp T.GDC

Alternate Symbol(s): GNLAF

Genesis Land Development Corp. is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (CMA). The Company’s portfolio is primarily residential lands and serviced lots in the CMA. It operates through two segments: land development and home building. As a land developer, the Company acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multifamily and commercial parcels. GBG designs, builds and sells homes on a significant portion of the Company’s single-family lots and townhouse land parcels. GBG also acquires single-family lots from other land developers to build and sell single-family homes in other CMA communities.

TSX:GDC - Post by User

Genesis Land Development Corp > Dividend this year?

<< Previous

Bullboard Posts

Next >>

Post by schocoron Nov 21, 2021 4:39pm

311 Views

Post# 34151060

Dividend this year?

Anybody have any input if ther will declare a dividend for 2021?

the rights offering is curious; i didnt think the company needed cash. Oh well. Slighly dilutive Rights offering look silly, but the shares are cheap right now and worth a look i think.

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features