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

Acadian Timber Corp. (TSE:ADN) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors 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 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date of this dividend is Monday, March 31st.

Acadian Timber Price Performance

Acadian Timber stock traded down C$0.25 during mid-day trading on Friday, reaching C$17.64. 2,711 shares of the company were exchanged, compared to its average volume of 6,992. The company has a fifty day simple moving average of C$17.44 and a 200-day simple moving average of C$17.66. The firm has a market cap of C$312.23 million, a PE ratio of 11.06, a PEG ratio of -4.84 and a beta of 0.87. The company has a debt-to-equity ratio of 32.89, a current ratio of 0.43 and a quick ratio of 1.04. Acadian Timber has a 12 month low of C$16.37 and a 12 month 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.