Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.
This week’s slot in the Safari portfolio is reserved for the basic materials sector.
That sector includes thirteen industries all related to mining or making commodities. Industries include: agricultural inputs, aluminum; building materials, chemicals, coal, copper, gold, industrial metals, lumber & wood, paper, silver, specialty chemicals, and steel.
Today we’re reviewing a lumber & wood firm that owns and manages timberlands in New Brunswick and Maine, and operates a forest nursery. The company’s name is Acadian Timber Corp. It’s trading ticker symbol is ACAZF.
The company organizes its operations in two segments, namely: New Brunswick Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. Acadian Timber Corp. is headquartered in Vancouver, Canada.
I use three keys to measure dividend equities or funds like Acadian Timber Corp:
(1) Price
(2) Dividends
(3) Returns
Besides those three main keys, I’ll use four more to finally unlock an equity or fund in which to invest.
ACAZF Price
Acadian Timber Corp.’s price at Tuesday’s market close was $15.69 per share. The company has positive momentum. Just a year ago its price was $13.73. That’s a gain of $1.96 in the past year. Can ACAZF do as well in the coming year? If it does, its price will increase from $15.69 to $17.65, or 11.74%.
ACAZF Dividends
The company’s most recent quarterly dividend was $0.2174 declared in October, payable January 15th. The dividend equates to $0.2174 x 4 or $0.87 annually.
At Tuesday’s closing price of $15.69 per share, the annual yield from $0.87 showed as 5.5%.
Are Gains Ahead For ACAZF?
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