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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-07-24 | $0.11 | annually | 2018-08-10 |
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
GreenFirst Forest Products Dividend FAQ
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.
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