Post by
lifeisgood1010 on Oct 22, 2021 11:01am
Dividend of $10
In early 2022,Dorel will get net$735 US or $905m CDN.
They did say that they will give some back to the shareholders.How much is anybody's
guess.
Paying a special div. of $10 would cost only $325CDN leaving $580m for other purposes.
After paying the $10, the company's balance sheets with be net debt free.
While in the stock market,nothing is a no brainer, this situation is very compelling to me.
I truly beleive that this is a $40+ stck in 2022
Comment by
nozzpack on Oct 23, 2021 5:23pm
They can certainly afford it and, as well, resume the normal dividend of $0.30 per quarter . Personally, I think these bolt ons are being acquired to spruce up the remains two divisions for sale ..