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Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

TSX:WEF - Post Discussion

Western Forest Products Inc > dividend increase?
View:
Post by astutein on Apr 05, 2021 6:34pm

dividend increase?

What does board think re dividend increase coming?

With upcoming profit for Q1 and sale of non-core assets of 36 million apllied to debt per new release we should be debt free and in positive cash position..

What are views re this debt free position? .  Doubling to .02 would be great and attract new investors.

Comment by jonvw92 on Apr 05, 2021 11:21pm
I would be surprised if the dividend was not increased to .02 or even .0225 as it was prior to the strike.  Alternatiely a .01 and special dividend is also a potential option.  I am sure cash is already piling up on the balance sheet, hope to see some significant NCIB acitivity on Canadian Insider one of these days!
Comment by ACarrothers on Apr 06, 2021 4:34am
I think a dividend increase is highly likely when Q1 results are posted
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