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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Comment by Stocker46on Oct 15, 2024 3:36pm

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Post# 36266917

RE:RE:RE:RE:HUGE 50% DROP ON DIVIDEND

Truly astounding that the GDL sp is now at $14.98 .. giving buyers a yield on their duvidends of 3.3%.
Seems their owners (or at least one of them) prefers to accumulate more cash at the expense of their shareholders .. even after another strong earnings report.
Perhaps it has something to do with the recent ownership shares restructuring.
Dropped them from my watch list.

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