Goodfellow Inc T.GDL

Alternate Symbol(s): GFELF

Industrials Industrial Distribution

Goodfellow Inc. is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. Its business activities related to remanufacturing and distribution of lumber and wood products. It produces wood, wall concept, insulation and soundproofing, panels, floor, coating, specialties, terrace and roof. Its services include custom-made wood manufacturing; comprehensive and personalized carpentry services; HUNDEGGER K2i technology; wood treatment (MicroPro, CCA, ACQ and Flame Retardant); just-in-time and direct-to-job delivery; truck and container loading, and export preparation and packaging. It has a distribution footprint from coast-to-coast in Canada servicing commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners and floor covering specialists. It also leverages its value-added product capabilities to serve lumber markets internationally.

TSX:GDL - Post by User

Goodfellow Inc > HUGE 50% DROP ON DIVIDEND

<< Previous

Bullboard Posts

Next >>

Post by Stocker46on Oct 11, 2024 11:55am

111 Views

Post# 36262757

HUGE 50% DROP ON DIVIDEND

I have been following this one for a while, primarily because of the dividend. I was about to finally buy in this AM until I realized they had cut the dividend by 50%.
They slid it in there with no comment on why.
This is a huge change in the dividend.
Nice move GDL.
The SP should drop below $10 by the end of the day.

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks