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GreenFirst Forest Products Inc. manufactures and markets forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets. The Paper Products segment manufactures and markets paper products that are used to print newspapers, advertising materials, food service bags, and other publications. The company was formerly known as Itasca Capital Ltd. and changed its name to GreenFirst Forest Products Inc. in January 2021. GreenFirst Forest Products Inc. is headquartered in Toronto, Canada.

GreenFirst Forest Products Dividend Announcement

GreenFirst Forest Products announced a annually dividend of $0.11 per ordinary share which will be made payable on 2018-08-10. Ex dividend date: 2018-07-24
GreenFirst Forest Products's trailing twelve-month (TTM) dividend yield is -%

GreenFirst Forest Products Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-07-24$0.11annually2018-08-10

GreenFirst Forest Products Dividend per year

GreenFirst Forest Products Dividend Yield

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

GreenFirst Forest Products Financial Ratios

P/E ratio-29.00
PEG ratio-1.64
P/B ratio8.79
ROE-26.45%
Payout ratio0.00%
Current ratio2.02
Quick ratio0.58
Cash Ratio0.09

GreenFirst Forest Products Dividend FAQ

Does GreenFirst Forest Products stock pay dividends?
GreenFirst Forest Products does not currently pay dividends to its shareholders.
Has GreenFirst Forest Products ever paid a dividend?
No, GreenFirst Forest Products has no a history of paying dividends to its shareholders. GreenFirst Forest Products is not known for its dividend payments.
Why doesn't GreenFirst Forest Products pay dividends?
There are several potential reasons why GreenFirst Forest Products 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 GreenFirst Forest Products 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 GreenFirst Forest Products 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 GreenFirst Forest Products a dividend aristocrat?
GreenFirst Forest Products 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 GreenFirst Forest Products a dividend king?
GreenFirst Forest Products 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 GreenFirst Forest Products a dividend stock?
No, GreenFirst Forest Products 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 GreenFirst Forest Products stocks?
To buy GreenFirst Forest Products 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 GreenFirst Forest Products 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.