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Bullboard - Stock Discussion Forum
ADF Group Inc
T.DRX
Alternate Symbol(s):
ADFJF
Steel
Steel
ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five...
principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.
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TSX:DRX - Post Discussion
ADF Group Inc
> major bump in dividend by end of year
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•••
microcaphobby
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Post by
microcaphobby
on Jul 08, 2024 11:14am
major bump in dividend by end of year
likley. what else will they do with al that cash?
(1045)
•••
lifeisgood1010
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Comment by
lifeisgood1010
on Jul 08, 2024 12:17pm
Or initiate a NCIB or SIB if the stock is under $20 witch i doubt. If they were to land phase 3 of Lilly or another big contract elsewhere they would need to keep some for working capital. In any event, they will have to much cash once again by year end and you may be right on a dividend increase. DRX closed at $14.50 on april 30th. If the stock stays below $16 by the end of July,Q2 will
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