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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company, through its operating facilities in Canada and the United States, produces wire products for a diverse range of customers for industrial, residential construction, commercial construction and agricultural applications. The Company’s product offerings include galvanized wire, bright wire; an array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets its products under the Tree Island, Halsteel, TrueSpec, K-Lath, TI Wire, ToughStrand and ToughPanel brand names. The Company's subsidiary is Tree Island Wire (USA) Inc.


TSX:TSL - Post by User

Post by Stocker46on Apr 10, 2023 4:09pm
293 Views
Post# 35387282

1st Quarter

1st QuarterHolding off to see 1st Q before deciding whether to buy more or dump the rest of what I've got.
Normaly I would have averaged down & bought more when they dropped down close to $3.00, but seeing the muted reaction by investors in 2022 after 3 excellent quarters, I've decided to hold off.

I see TMX Money has finally updated their site to include the 2 cent special dividend.
They changed it to 5 cents but were still calculating the yield based on 3 cents. Sent them an email & they recently corrected it.
At the current SP the yield is just over 6% .. of Canada's big six banks, only one has a dividend yield of over 6%.


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