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Bullboard - Stock Discussion Forum Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."

TSX:OSB - Post Discussion

Norbord Inc. > This big dividend
View:
Post by mikes3bikes on Sep 27, 2018 3:19pm

This big dividend

I'm wondering how norbord or any company can afford paying 4.50$ a share in dividends.is this sustainable?
Comment by Lanark1170 on Sep 28, 2018 12:02pm
Of course not.  It was a special dividend.  They haven't announced what the next quarterly dividend will be, but the last was about 10% of this one.