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

Acadian Timber Corp. (OTCMKTS:ACAZF) declared a dividend on Saturday, March 22nd, investing.com reports. Shareholders 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 of this dividend is Monday, March 31st.

Acadian Timber Trading Down 1.4 %

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

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.