Acadian Timber Corp. to Issue Quarterly Dividend of $0.29 (TSE:ADN)

Acadian Timber Corp. (TSE:ADN - Get Free Report) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.29 per share on Tuesday, April 15th. This represents a $1.16 annualized dividend and a yield of 6.74%. The ex-dividend date is Monday, March 31st.

Acadian Timber Stock Down 1.1 %

Shares of ADN traded down C$0.19 during mid-day trading on Wednesday, reaching C$17.20. The company's stock had a trading volume of 5,078 shares, compared to its average volume of 6,860. The company has a market cap of C$304.45 million, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of -4.84 and a beta of 0.87. The business has a fifty day moving average of C$17.46 and a 200 day moving average of C$17.67. The company has a quick ratio of 1.04, a current ratio of 0.43 and a debt-to-equity ratio of 32.89. Acadian Timber has a 1 year low of C$16.73 and a 1 year high of C$18.48.

About Acadian Timber

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.