Acadian Timber (TSE:ADN) Reaches New 12-Month Low - What's Next?

Shares of Acadian Timber Corp. (TSE:ADN - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$16.73 and last traded at C$16.75, with a volume of 14309 shares. The stock had previously closed at C$17.25.

Acadian Timber Stock Performance

The company has a market capitalization of C$297.90 million, a price-to-earnings ratio of 10.55, a price-to-earnings-growth ratio of -4.84 and a beta of 0.87. The company has a current ratio of 0.43, a quick ratio of 1.04 and a debt-to-equity ratio of 32.89. The stock has a 50-day simple moving average of C$17.38 and a 200-day simple moving average of C$17.63.

Acadian Timber Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.16 dividend on an annualized basis and a yield of 6.89%. Acadian Timber's dividend payout ratio (DPR) is 72.71%.

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.