Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and floor coverings to the retail trade, industrial, and manufacturing sectors in Canada and the United States. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, and wood products for outdoor spaces; and flooring products comprise engineered wood floors, hardwood floors, laminates, sub-floors and accessories, planks and tiles, and stone product composite. It also provides insulation and sound-proofing products; lumber products comprising cedar, Douglas fir, engineered wood, glued-laminated timber, hardwood, Hemlock timber, pine, and treated wood products, as well as lumber products for the mining industry; and panels consisting of construction and hardwood plywood panels, medium and high density fiber boards, oriented strand board panels, particleboards, and melamine panels and accessories. In addition, the company offers siding products, including accessories, engineered wood sidings, and wood siding boards; cedar, asphalt, or polymer roofing products; and wall concepts, such as laminate and wood planks. Further, it offers ceiling, hardware, and solid surface, as well as interior materials. Additionally, the company provides custom timber fabrication, engineering, container and van loading, and export prep and packaging services. It also exports its products. The company was formerly known as Goodfellow Lumber Ltd. and changed its name to Goodfellow Inc. in October 1984. Goodfellow Inc. was founded in 1898 and is headquartered in Delson, Canada.
Goodfellow Dividend Announcement
• Goodfellow announced a semi annually dividend of C$0.25 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-23
• Goodfellow annual dividend for 2024 was C$0.75
• Goodfellow annual dividend for 2023 was C$1.00
• Goodfellow's trailing twelve-month (TTM) dividend yield is 5.55%
• Goodfellow's payout ratio for the trailing twelve months (TTM) is 65.13%
Goodfellow Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-23 | C$0.25 | semi annually | 2024-11-06 |
| 2024-03-04 | C$0.50 | semi annually | 2024-03-19 |
| 2023-10-18 | C$0.50 | semi annually | 2023-11-02 |
| 2023-03-01 | C$0.50 | semi annually | 2023-03-16 |
| 2022-10-26 | C$0.50 | semi annually | 2022-11-10 |
| 2022-03-03 | C$0.40 | semi annually | 2022-03-18 |
| 2021-11-04 | C$0.30 | semi annually | 2021-11-19 |
| 2021-03-04 | C$0.30 | semi annually | 2021-03-19 |
| 2020-11-26 | C$0.25 | semi annually | 2020-12-04 |
| 2020-02-27 | C$0.10 | semi annually | 2020-03-13 |
| 2019-11-21 | C$0.10 | semi annually | 2019-12-06 |
| 2019-02-27 | C$0.10 | semi annually | 2019-03-15 |
| 2016-07-27 | C$0.15 | semi annually | 2016-08-12 |
| 2016-02-24 | C$0.15 | semi annually | 2016-03-11 |
| 2015-11-04 | C$0.20 | semi annually | 2015-11-20 |
| 2015-07-29 | C$0.15 | semi annually | 2015-08-14 |
| 2014-10-15 | C$0.25 | semi annually | 2014-10-30 |
| 2014-07-30 | C$0.20 | semi annually | 2014-08-15 |
| 2013-11-13 | C$0.20 | semi annually | 2013-11-29 |
| 2013-07-31 | C$0.20 | semi annually | 2013-08-16 |
| 2012-11-14 | C$0.15 | semi annually | 2012-11-30 |
| 2012-08-01 | C$0.10 | semi annually | |
| 2011-11-16 | C$0.10 | semi annually | 2011-11-25 |
| 2011-07-27 | C$0.10 | semi annually | 2011-08-12 |
Goodfellow Dividend per year
Goodfellow Dividend growth
Goodfellow Dividend Yield
Goodfellow current trailing twelve-month (TTM) dividend yield is 5.55%. Interested in purchasing Goodfellow stock? Use our calculator to estimate your expected dividend yield:
Goodfellow Financial Ratios
P/E ratio8.77
PEG ratio2.46
P/B ratio0.57
ROE6.69%
Payout ratio65.13%
Current ratio2.78
Quick ratio1.10
Cash Ratio0.08
Goodfellow Dividend FAQ
How much is the next Goodfellow dividend?
Goodfellow's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Goodfellow dividend. The next Goodfellow dividend will be released in March, or October.
When is Goodfellow dividend paid?
Goodfellow pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Goodfellow pay?
The specific amount of Goodfellow dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Goodfellow's dividend history.
Does Goodfellow stock pay dividends?
Yes, Goodfellow does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Goodfellow's dividend history.
How much dividend does Goodfellow pay?
Goodfellow paid C$0.75 in 2024, C$1.0 in 2023, C$0.9 in 2022, C$0.6 in 2021, and C$0.35 in 2020.
How often does Goodfellow pay dividends?
Goodfellow typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and October.
What is Goodfellow's dividend yield?
The current dividend yield for Goodfellow is 5.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Goodfellow's exact dividend yield.
When does Goodfellow go ex dividend?
Goodfellow's ex-dividend date for the latest dividend was on 2024-10-23. Goodfellow typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Goodfellow dividend paid?
Goodfellow pays dividends on a semi annually basis, typically around March, or October, but the exact dates can vary each year.
Will Goodfellow increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Goodfellow will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Goodfellow dividend per share?
Goodfellow paid C$0.75 per share in 2024 and C$1.0 per share in 2023. The amount of dividend per share that Goodfellow pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Goodfellow a dividend aristocrat?
No, 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 Goodfellow a dividend king?
No, 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 Goodfellow a dividend stock?
Yes, Goodfellow is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Goodfellow a good dividend stock?
Whether Goodfellow is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Goodfellow has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Goodfellow 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.
Other factors to consider when evaluating Goodfellow 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.
Does Goodfellow pay dividends monthly?
Goodfellow typically pays dividends on a semi annually basis.
Does Goodfellow pay dividends quarterly?
Goodfellow currently pays dividends on a semi annually basis.
Has Goodfellow ever paid a dividend?
Yes, Goodfellow has a history of paying dividends to its shareholders. Goodfellow is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Goodfellow dividend stocks?
To buy Goodfellow 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Goodfellow 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.
Place an order: Use the brokerage's trading platform to place an order to buy Goodfellow 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.
When does Goodfellow pay dividends 2024?
Goodfellow pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Goodfellow increase its dividend in 2024?
Decisions regarding Goodfellow dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Goodfellow dividend overview you can look into the above table of dividend history.
How Goodfellow dividend works?
The Goodfellow dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Goodfellow's dividend process works:
1. Determination of Dividend: Goodfellow'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, Goodfellow 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, Goodfellow 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 Goodfellow 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. Determination of Dividend: Goodfellow'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, Goodfellow 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, Goodfellow 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 Goodfellow 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.
How are Goodfellow dividends paid?
Goodfellow dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Goodfellow 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, Goodfellow distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Goodfellow 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.
1. Record Date: Goodfellow 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, Goodfellow distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Goodfellow 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.
How many times does Goodfellow pay dividends?
Goodfellow typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Goodfellow pay dividends?
The general pattern is that Goodfellow pays dividends around March, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Goodfellow dividend safe?
The safety of Goodfellow's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Goodfellow'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 Goodfellow'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.
To assess the safety of Goodfellow'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 Goodfellow'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.