Goodfellow Inc T.GDL

Alternate Symbol(s): GFELF

Forest Products Lumber & Wood Production

Goodfellow Inc. is a Canada-based diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. The Company has a distribution presence from coast-to-coast in Canada and in the Northeastern United States, serving commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists. The Company also leverages its value-added product capabilities to serve lumber markets internationally. Its products include decking, flooring, insulation and soundproof, lumber, panels, roofing, siding, specialties, and wall concept. Its lumber products include cedar, hardwood and engineered wood. Its services include custom timber fabrication; a full range of personalized millwork and carpentry services; wood treatment (MicroPro, CCA, ACQ and Fire Retardant); just-in-time, direct-to-site delivery services, and export prep and packaging.

TSX:GDL - Post by User

Goodfellow Inc

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Post by Stocker46on Oct 11, 2024 11:55am

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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.

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A near-term gold and silver producer with significant upside