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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

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

Post by NobleHouseon Apr 28, 2024 3:41pm
179 Views
Post# 36011743

DBM dividend

DBM dividendMy thoughts on this one are if those quarterly dividends became monthly the volatility on ex div date would be minimal .It's not like it wouldn't hurt Mr Doman as the largest shareholder either.Another comment l might make is there have been a number of opportunities to take over TSL , another stock that a major shareholder , aK MR Doman is both on the board and one of the biggest shareholders.TSL shareholders would more than likely enjoy the excellent yearly dividend DBM provides , plus he safety and diversification that the multi businesses that DBM owns.A good fit in my opinion.
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