Acadian Timber Corp. (ADN) To Go Ex-Dividend on March 31st

Acadian Timber Corp. (TSE:ADN) announced a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors of record on Wednesday, April 15th will be given a dividend of 0.29 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, March 31st.

Acadian Timber Stock Performance

TSE:ADN opened at C$17.16 on Friday. The firm has a market capitalization of C$316.70 million, a PE ratio of 6.36, a price-to-earnings-growth ratio of -4.84 and a beta of 0.33. The company has a quick ratio of 1.04, a current ratio of 0.87 and a debt-to-equity ratio of 30.77. Acadian Timber has a 12-month low of C$13.98 and a 12-month high of C$18.43. The firm has a 50-day moving average price of C$16.80 and a 200 day moving average price of C$16.15.

Acadian Timber (TSE:ADN) last released its quarterly earnings data on Wednesday, February 11th. The company reported C$2.18 earnings per share for the quarter. Acadian Timber had a return on equity of 14.25% and a net margin of 56.32%.The company had revenue of C$21.98 million for the quarter. Research analysts anticipate that Acadian Timber will post 1.0095345 earnings per share for the current fiscal year.

Acadian Timber Company Profile

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company’s operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company’s product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.