Bullboard - Stock Discussion Forum Linamar Corp LIMAF

Primary Symbol: T.LNR

Consumer Cyclical Auto Parts

Linamar Corporation is a Canada-based advanced manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. Its segments include Industrial and Mobility. The Industrial segment consists of MacDon, Salford, Bourgault, and Skyjack. MacDon manufactures combined draper headers and self-propelled windrowers for the agricultural harvesting... see more

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TSX:LNR - Post Discussion

Linamar Corp > Dividend Increase?

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Post by Jonathan9 on Feb 03, 2024 11:40pm

Dividend Increase?

I expect another increase soon, but I'd rather them buyback shares. A few hundred million on a SIB would be nice capital allocation especially with lower CapEx expected this year. How about both?

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Comment by longrun86 on Mar 01, 2024 1:36pm

I would also vote to buy back shares. By the time I pay the tax on the dividends and re-deploy the capital back into Linamar I am left significantly worse off than if they just did it themselves through the buyback! My view is that the share price right now is significantly undervalued even if you took into account the clouds hovering over the automotive market. The best future capital ...more

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