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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforcement products. The company also provides woven and welded wires, corners, and accessories. It markets its products under the Tree Island, Halsteel, True Spec, K-Lath, TI Wire, Tough Strand, and ToughPanel brand names. The company was formerly known as Tree Island Wire Income Fund and changed its name to Tree Island Steel Ltd. in October 2012. Tree Island Steel Ltd. was founded in 1964 and is based in Richmond, Canada.


TSX:TSL - Post by User

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  • Stocker46X
Comment by Stocker46on Mar 30, 2022 5:15pm
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Post# 34560649

RE:RE:RE:RE:RE:RE:RE:RE:WHO's SELLING ??

RE:RE:RE:RE:RE:RE:RE:RE:WHO's SELLING ??Thanks StratCap.
Just recently started changing my RSP over to dividend paying stocks.
Ity's a little confusing.

Doman's news release states they:

"declared a regular quarterly dividend of $0.03 per share and an additional $1.20 per share as a special dividend on the issued and outstanding Common Shares of the Company, both payable on April 14, 2022 to holders of record at the close of business on March 31, 2022."

Just got off the phone wit a TD Webbroker agent who told me that shareholders who sold their shares today would not be eligible to receive the dividends, but those who sold tomorrow would be .. because it takes 2 days to settle the trades. (in which case, I'm not sure why today's sellers wouldn't be eligible.
I had oringinally planned on checked the price ist thing April first before deciding whether to sell or hold.

Does the above make sense ? 


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