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Bullboard - Stock Discussion Forum Taiga Building Products Ltd TGAFF


Primary Symbol: T.TBL

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing... see more

TSX:TBL - Post Discussion

Taiga Building Products Ltd > what happens ex div date??
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Post by downwithdotcom1 on Mar 01, 2021 10:39am

what happens ex div date??

..unfortunately, you do tend to have a sell-off ex div date and in alot of cases its even higher than the div paid out (case in point with special/one time payouts) . Earnings for the year were north of 60 cents but also notice that Q4 , while excellent compared to 2019 Q4 did drop off from Q3's results by 50% ( 33 to 16 cents). Remember, TBL also has to restock at higher prices so its not just up up and up. Final thought - haven't looked at their annual report -previous poster mentioned another 5 mill shares being bought up (usually this means for cancellation) -the majority owner already controls 70% + of the float so it continues this creeping takeover on the cheap..interesting. dwdc
Comment by PaperBoi222 on Mar 01, 2021 1:43pm
This post has been removed in accordance with Community Policy
Comment by downwithdotcom1 on Mar 01, 2021 2:31pm
Yes i did (after several tries) .. i am deciding wether to sell before the ex div . or not . dwdc
Comment by PaperBoi222 on Mar 01, 2021 2:38pm
This post has been removed in accordance with Community Policy
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