Acadian Timber Corp. (OTCMKTS:ACAZF) to Issue $0.20 Dividend

Acadian Timber Corp. (OTCMKTS:ACAZF) announced a dividend on Saturday, March 22nd, investing.com reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.2029 per share on Tuesday, April 15th. This represents a dividend yield of 6.67%. The ex-dividend date is Monday, March 31st.

Acadian Timber Trading Down 1.4 %

Shares of Acadian Timber stock opened at $12.08 on Friday. Acadian Timber has a twelve month low of $11.62 and a twelve month high of $14.18. The business’s 50 day simple moving average is $12.11 and its 200-day simple moving average is $12.53.

Acadian Timber Company Profile

Acadian Timber Corp. supplies primary forest products in Eastern Canada and the Northeastern United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages freehold timberlands in New Brunswick and Maine; and provides timber services relating to Crown licensed timberlands in New Brunswick.