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

Acadian Timber Corp. (TSE:ADN) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.29 per share on Tuesday, April 15th. This represents a $1.16 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend is Monday, March 31st.

Acadian Timber Stock Performance

Shares of TSE:ADN traded down C$0.25 on Friday, hitting C$17.64. The company had a trading volume of 2,711 shares, compared to its average volume of 6,992. The stock has a market cap of C$312.23 million, a price-to-earnings ratio of 11.06, a P/E/G ratio of -4.84 and a beta of 0.87. The stock has a 50 day moving average price of C$17.44 and a 200 day moving average price of C$17.66. Acadian Timber has a 1-year low of C$16.37 and a 1-year high of C$18.48. The company has a current ratio of 0.43, a quick ratio of 1.04 and a debt-to-equity ratio of 32.89.

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.