Doman Building Materials Group Ltd. distributes building materials and related products in Canada, the United States, and Hawai. It distributes a range of building materials, lumber, renovation, and electrical products. The company owns approximately 117,000 acres of private timberlands, and strategic licenses and tenures. It is also involved in log harvesting and trucking, and post and pole peeling activities; and provision of pressure-treating services for specialty wood production plants. The company was formerly known as CanWel Building Materials Group Ltd. and changed its name to Doman Building Materials Group Ltd. in May 2021. Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.
Doman Building Materials Dividend Announcement
• Doman Building Materials announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• Doman Building Materials annual dividend for 2024 was $0.31
• Doman Building Materials annual dividend for 2023 was $0.42
• Doman Building Materials's trailing twelve-month (TTM) dividend yield is 6.05%
• Doman Building Materials's payout ratio for the trailing twelve months (TTM) is 86.40%
• Doman Building Materials's dividend growth over the last five years (2018-2023) was -0.27% year
• Doman Building Materials's dividend growth over the last ten years (2013-2023) was 4.25% year
Doman Building Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.10 | quarterly | 2024-10-15 |
2024-06-28 | $0.10 | quarterly | 2024-07-12 |
2024-03-27 | $0.10 | quarterly | 2024-04-12 |
2023-12-28 | $0.11 | quarterly | 2024-01-12 |
2023-09-28 | $0.10 | quarterly | 2023-10-13 |
2023-06-29 | $0.11 | quarterly | 2023-07-14 |
2023-03-30 | $0.10 | quarterly | 2023-04-14 |
2022-12-29 | $0.10 | quarterly | 2023-01-13 |
2022-09-28 | $0.10 | quarterly | 2022-10-14 |
2022-06-29 | $0.11 | quarterly | 2022-07-15 |
2022-03-30 | $0.11 | quarterly | 2022-04-14 |
2021-12-30 | $0.11 | quarterly | 2022-01-14 |
2021-09-28 | $0.09 | quarterly | 2021-10-15 |
2021-06-29 | $0.10 | quarterly | 2021-07-15 |
2021-03-30 | $0.13 | quarterly | 2021-04-15 |
2020-12-30 | $0.09 | quarterly | 2021-01-15 |
2020-09-29 | $0.09 | quarterly | 2020-10-15 |
2020-06-29 | $0.10 | quarterly | 2020-07-15 |
2020-03-30 | $0.10 | quarterly | 2020-04-15 |
2019-12-30 | $0.11 | quarterly | 2020-01-15 |
2019-09-27 | $0.11 | quarterly | 2019-10-15 |
2019-06-27 | $0.11 | quarterly | 2019-07-15 |
2019-03-28 | $0.14 | quarterly | 2019-04-15 |
2018-12-28 | $0.10 | quarterly | 2019-01-15 |
2018-09-27 | $0.11 | quarterly | 2018-10-15 |
2018-06-28 | $0.10 | quarterly | 2018-07-13 |
2018-03-28 | $0.11 | quarterly | 2018-04-13 |
2017-12-28 | $0.11 | quarterly | 2018-01-15 |
2017-09-28 | $0.11 | quarterly | 2017-10-13 |
2017-06-28 | $0.11 | quarterly | 2017-07-14 |
2017-03-29 | $0.10 | quarterly | 2017-04-14 |
2016-12-28 | $0.10 | quarterly | |
2016-09-28 | $0.11 | quarterly | |
2016-06-28 | $0.11 | quarterly | |
2016-03-29 | $0.11 | quarterly | |
2015-12-29 | $0.10 | quarterly | |
2015-09-28 | $0.10 | quarterly | |
2015-06-26 | $0.11 | quarterly | |
2015-03-27 | $0.11 | quarterly | |
2014-12-29 | $0.12 | quarterly | |
2014-09-26 | $0.13 | quarterly | |
2014-06-26 | $0.13 | quarterly | |
2014-03-27 | $0.06 | quarterly | |
2013-12-27 | $0.07 | quarterly | |
2013-09-26 | $0.07 | quarterly | |
2013-06-26 | $0.07 | quarterly | |
2013-03-26 | $0.07 | quarterly |
Doman Building Materials Dividend per year
Doman Building Materials Dividend growth
Doman Building Materials Dividend Yield
Doman Building Materials current trailing twelve-month (TTM) dividend yield is 6.05%. Interested in purchasing Doman Building Materials stock? Use our calculator to estimate your expected dividend yield:
Doman Building Materials Financial Ratios
Doman Building Materials Dividend FAQ
Other factors to consider when evaluating Doman Building Materials as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Doman Building Materials's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Doman Building Materials publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Doman Building Materials distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Doman Building Materials are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Doman Building Materials sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Doman Building Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Doman Building Materials declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Doman Building Materials's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Doman Building Materials's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.