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Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as by-products or residues, such as trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also develops bioenergy and bio products; and operates a 36 megawatt biomass power generation plant, which produces renewable energy for commercial sale. The company was formerly known as West Fourth Capital Inc. and changed its name to Conifex Timber Inc. in June 2010. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Conifex Timber Dividend Announcement

• Conifex Timber announced a annually dividend of C$0.20 per ordinary share which will be made payable on 2022-08-08. Ex dividend date: 2022-07-14
• Conifex Timber's trailing twelve-month (TTM) dividend yield is -%

Conifex Timber Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-14C$0.20annually2022-08-08

Conifex Timber Dividend per year

Conifex Timber Dividend Yield

Conifex Timber current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Conifex Timber stock? Use our calculator to estimate your expected dividend yield:

Conifex Timber Financial Ratios

P/E ratio-0.59
PEG ratio1.05
P/B ratio0.16
ROE-24.59%
Payout ratio0.00%
Current ratio1.85
Quick ratio1.32
Cash Ratio0.38

Conifex Timber Dividend FAQ

Does Conifex Timber stock pay dividends?
Conifex Timber does not currently pay dividends to its shareholders.
Has Conifex Timber ever paid a dividend?
No, Conifex Timber has no a history of paying dividends to its shareholders. Conifex Timber is not known for its dividend payments.
Why doesn't Conifex Timber pay dividends?
There are several potential reasons why Conifex Timber would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Conifex Timber ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Conifex Timber has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Conifex Timber a dividend aristocrat?
Conifex Timber is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Conifex Timber a dividend king?
Conifex Timber is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Conifex Timber a dividend stock?
No, Conifex Timber is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Conifex Timber stocks?
To buy Conifex Timber you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Conifex Timber stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.