Acadian Timber Corp. (OTCMKTS:ACAZF) Announces $0.21 Dividend

Acadian Timber Corp. (OTCMKTS:ACAZF) declared a dividend on Saturday, September 21st, investing.com reports. Investors of record on Monday, September 30th will be given a dividend of 0.2118 per share on Tuesday, October 15th. This represents a yield of 6.5%. The ex-dividend date of this dividend is Friday, September 27th.

Acadian Timber Price Performance

Shares of OTCMKTS ACAZF opened at $13.04 on Friday. Acadian Timber has a twelve month low of $11.13 and a twelve month high of $14.18. The firm has a 50-day moving average of $12.84 and a two-hundred day moving average of $12.76.

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.