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Bullboard - Stock Discussion Forum 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... see more

TSX:DBM - Post Discussion

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Post by pennydredful on Sep 14, 2021 3:14pm

Say Trolls

will   the   .12   quarterly    dividend   be  declared    or   cut   this   week?
Comment by SuperM on Sep 14, 2021 3:58pm
I was wondering the same thing.  They noted on their last financials that .12 divi was approved (x-divi is Sept 28th)  But don't know if they will send out another notice.
Comment by theprovincial on Sep 14, 2021 5:54pm
If the dividend is reduced myself and any remaining shareholders with large positions will be selling in droves. Doman and the BOD aren't that foolish. Restoring the $0.14 quarterly however would go a long way in building up positive rapport with a very disgruntled shareholder base.
Comment by pennydredful on Sep 14, 2021 8:52pm
They   are   already   selling    in droves  down   35%   since   the  new  issue  at     10$    3  months     ago. 
Comment by Red_Deer on Sep 15, 2021 5:19am
TIME to FISH or CUT BAIT eh !!!!!!!!!!!
Comment by Red_Deer on Sep 15, 2021 8:12pm
Comment by theprovincial on Sep 15, 2021 7:29am
A symptom of the lumber bubble in the spring. This would have been trading in the $6-8 range under normal circumstances. I'm as frustrated as anyone with this stocks performance, but a large selloff from $10 was expected. The speculators and traders are gone now. All that remains are bagholders and income investors. Cut the dividend and they'll lose the latter.
Comment by Red_Deer on Sep 15, 2021 4:39am
So WHAT SAY all You TROLLS eh !!!!!!!!!  ?????????/
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