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Hardwoods Distribution Inc. engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets. It offers a range of decorative surfaces, including architectural grade plywood and veneers, hardwood lumber, laminates, acrylics, and composites for use in commercial and residential applications; specialty plywood and composite panel products for residential and commercial cabinet, countertop, store fixture, and RV and furniture industries; and other products comprising moldings, cabinet hardware, doors, millwork, adhesives, solid surface products, and decorative laminates. The company also manufactures, imports, and distributes hardwood lumber, millwork, and architectural sheet goods. It serves small-to-mid-sized industrial manufacturers of cabinets, moldings, custom finishing, home furniture, home renovations, finishing millwork for office buildings, restaurant and bar interiors, hotel lobbies, retail point-of-purchase displays, schools, hospitals, custom motor coaches, yacht interiors, and other specialty areas. As of March 11, 2022, the company operated 86 distribution facilities in North America. Hardwoods Distribution Inc. was incorporated in 2012 and is headquartered in Langley, Canada.

Hardwoods Distribution Dividend Announcement

Hardwoods Distribution announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-15
Hardwoods Distribution annual dividend for 2024 was $0.41
Hardwoods Distribution annual dividend for 2023 was $0.39
Hardwoods Distribution's trailing twelve-month (TTM) dividend yield is 1.5%
Hardwoods Distribution's payout ratio for the trailing twelve months (TTM) is 19.88%
Hardwoods Distribution's dividend growth over the last five years (2018-2023) was 17.05% year

Hardwoods Distribution Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15$0.10quarterly2024-10-25
2024-07-15$0.10quarterly2024-07-26
2024-04-12$0.10quarterly
2024-01-12$0.10quarterly2024-01-26
2023-10-13$0.10quarterly2023-10-27
2023-07-14$0.10quarterly2023-07-28
2023-04-14$0.10quarterly2023-04-28
2023-01-13$0.10quarterly2023-01-27
2022-10-14$0.09quarterly2022-10-28
2022-07-15$0.09quarterly2022-07-29
2022-04-18$0.10quarterly2022-04-29
2022-01-14$0.10quarterly2022-01-28
2021-10-15$0.08quarterly2021-10-29
2021-07-16$0.08quarterly2021-07-30
2021-04-16$0.08quarterly2021-04-30
2021-01-15$0.08quarterly2021-01-29
2020-10-16$0.06quarterly2020-10-30
2020-07-17$0.06quarterly2020-07-31
2020-04-15$0.06quarterly2020-04-30
2020-01-17$0.07quarterly2020-01-31
2019-10-10$0.06quarterly2019-10-25
2019-07-12$0.06quarterly2019-07-26
2018-10-12$0.06quarterly2018-10-26
2018-04-13$0.06quarterly2018-04-27
2018-01-12$0.06quarterly2018-01-26
2017-10-13$0.06quarterly2017-10-27
2017-07-13$0.05quarterly2017-07-28
2017-04-12$0.05quarterly2017-04-28
2017-01-18$0.05quarterly2017-01-31
2016-10-13$0.05quarterly2016-10-28
2016-07-14$0.04quarterly2016-07-29
2016-04-15$0.04quarterly
2016-01-15$0.04quarterly2016-01-29
2015-10-16$0.04quarterly2015-10-30
2015-07-16$0.04quarterly
2015-04-16$0.04quarterly
2015-01-15$0.04quarterly
2014-10-16$0.04quarterly
2014-07-16$0.04quarterly
2014-04-15$0.04quarterly
2014-01-16$0.03quarterly

Hardwoods Distribution Dividend per year

Hardwoods Distribution Dividend growth

Hardwoods Distribution Dividend Yield

Hardwoods Distribution current trailing twelve-month (TTM) dividend yield is 1.5%. Interested in purchasing Hardwoods Distribution stock? Use our calculator to estimate your expected dividend yield:

Hardwoods Distribution Financial Ratios

P/E ratio14.04
PEG ratio0.74
P/B ratio1.01
ROE8.11%
Payout ratio19.88%
Current ratio2.92
Quick ratio1.20
Cash Ratio0.05

Hardwoods Distribution Dividend FAQ

How much is the next Hardwoods Distribution dividend?
Hardwoods Distribution's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hardwoods Distribution dividend. The next Hardwoods Distribution dividend will be released in January, April, July, or October.
When is Hardwoods Distribution dividend paid?
Hardwoods Distribution pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, 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 Hardwoods Distribution pay?
The specific amount of Hardwoods Distribution 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 Hardwoods Distribution's dividend history.
Does Hardwoods Distribution stock pay dividends?
Yes, Hardwoods Distribution 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 Hardwoods Distribution's dividend history.
How much dividend does Hardwoods Distribution pay?
Hardwoods Distribution paid $0.412 in 2024, $0.388 in 2023, $0.369 in 2022, $0.319 in 2021, and $0.253 in 2020.
How often does Hardwoods Distribution pay dividends?
Hardwoods Distribution typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Hardwoods Distribution's dividend yield?
The current dividend yield for Hardwoods Distribution is 1.5%. 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 Hardwoods Distribution's exact dividend yield.
When does Hardwoods Distribution go ex dividend?
Hardwoods Distribution's ex-dividend date for the latest dividend was on 2024-10-15. Hardwoods Distribution 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 Hardwoods Distribution dividend paid?
Hardwoods Distribution pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Hardwoods Distribution 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 Hardwoods Distribution 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 Hardwoods Distribution dividend per share?
Hardwoods Distribution paid $0.412 per share in 2024 and $0.388 per share in 2023. The amount of dividend per share that Hardwoods Distribution 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 Hardwoods Distribution 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 Hardwoods Distribution 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 Hardwoods Distribution a dividend stock?
Yes, Hardwoods Distribution is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hardwoods Distribution a good dividend stock?
Whether Hardwoods Distribution is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hardwoods Distribution has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hardwoods Distribution 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 Hardwoods Distribution pay dividends monthly?
Hardwoods Distribution typically pays dividends on a quarterly basis.
Does Hardwoods Distribution pay dividends quarterly?
Hardwoods Distribution currently pays dividends on a quarterly basis.
Has Hardwoods Distribution ever paid a dividend?
Yes, Hardwoods Distribution has a history of paying dividends to its shareholders. Hardwoods Distribution is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hardwoods Distribution dividend stocks?
To buy Hardwoods Distribution 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 Hardwoods Distribution 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 Hardwoods Distribution pay dividends 2024?
Hardwoods Distribution pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-25. 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 Hardwoods Distribution increase its dividend in 2024?
Decisions regarding Hardwoods Distribution 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 Hardwoods Distribution dividend overview you can look into the above table of dividend history.
How Hardwoods Distribution dividend works?
The Hardwoods Distribution 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 Hardwoods Distribution's dividend process works:

1. Determination of Dividend: Hardwoods Distribution'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, Hardwoods Distribution 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, Hardwoods Distribution 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 Hardwoods Distribution 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 Hardwoods Distribution dividends paid?
Hardwoods Distribution dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hardwoods Distribution 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, Hardwoods Distribution distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hardwoods Distribution 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 Hardwoods Distribution pay dividends?
Hardwoods Distribution typically pays dividends on a quarterly 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 Hardwoods Distribution pay dividends?
The general pattern is that Hardwoods Distribution pays dividends around January, April, July, 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 Hardwoods Distribution dividend safe?
The safety of Hardwoods Distribution'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 Hardwoods Distribution'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 Hardwoods Distribution'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.