Detailed Quote
5i Report
Rating
B
Review of Acadian Timber Corp
JUN 02, 2022 - ADN has a strong asset base of timberlands across Maine and New Brunswick, and its revenue diversification helps to smooth out any specific areas of weakness in the lumber markets. Management is actively seeking new ways to add value to shareholders. Rating upgraded to 'B'.
Download ReportCompany Profile
Interactive Chart
Key Ratios
Earnings
Analyst Recommendations
5i Recent Questions
- Cisco Systems Inc. (CSCO)
- Oracle Corporation (ORCL)
- UnitedHealth Group Incorporated (DE) (UNH)
- Constellation Software Inc. (CSU)
- Metro Inc. (MRU)
- WSP Global Inc. (WSP)
- TFI International Inc. (TFII)
- North West Company Inc. (The) (NWC)
- Agnico Eagle Mines Limited (AEM)
- Open Text Corporation (OTEX)
- Premium Brands Holdings Corporation (PBH)
- Savaria Corporation (SIS)
- Acadian Timber Corp. (ADN)
- T-Mobile US Inc. (TMUS)
- West Fraser Timber Co. Ltd. (WFG)
- Topicus.com Inc. (TOI)
- Elevance Health Inc. (ELV)
- Lumine Group Inc. (LMN)
Q: Retired (25 years) investor, preservation of capital and income paramount. Can you please provide the following, ETF or equity suggestions for:
Basic Materials (hold 2% LIF), Communications Services (hold 4% BCE), Consumer Cyclical and Consumer Defensive (hold 0%), Healthcare (hold 1% HHL), Industrials (hold 0%), Technology (hold TXF 4%).
Thank you for considering my lengthy question for which I apologize.
Basic Materials (hold 2% LIF), Communications Services (hold 4% BCE), Consumer Cyclical and Consumer Defensive (hold 0%), Healthcare (hold 1% HHL), Industrials (hold 0%), Technology (hold TXF 4%).
Thank you for considering my lengthy question for which I apologize.
Q: Hi. What are your thoughts about these two small cap companies, the one a timber company, the other a manufacturer of lumber products? Both have strong dividends. My thanks.
Q: HI Guys
I know you were asked a recent question about Arcadian Timber but Just wanted some clarity. On the recent question you said " In the last year, ADN saw it's price see a slight drawdown, but total return was up by 3%. ADN continues to be a solid dividend payer with a yield of 7.14% while payout ratio is quite good at 37.36%. "
Today with their earning report they stated the dividend payout ratio for the year ending December 2023 was 132%, but 99% with the DRIP. and "Adjusted EBITDA for the year was $20.6 million, compared to $18.2 million in 2022. Acadian generated $15.0 million of Free Cash Flow during the year, compared to $12.2 million in 2022, and declared dividends of $19.8 million or $1.16 per share to our shareholders. Acadian's balance sheet remains solid with $14.8 million of net liquidity as at December 31, 2023, which includes funds available under our credit facilities."
So just wondering about how much extra funds they generate/accumulate beyond the dividend and the security of the dividend going forward. Aren't they at a level that is somewhat worrying if there was a further downturn in the lumber industry?
By the way I am a long time holder of this stock.
Thanks so much
Stuart
I know you were asked a recent question about Arcadian Timber but Just wanted some clarity. On the recent question you said " In the last year, ADN saw it's price see a slight drawdown, but total return was up by 3%. ADN continues to be a solid dividend payer with a yield of 7.14% while payout ratio is quite good at 37.36%. "
Today with their earning report they stated the dividend payout ratio for the year ending December 2023 was 132%, but 99% with the DRIP. and "Adjusted EBITDA for the year was $20.6 million, compared to $18.2 million in 2022. Acadian generated $15.0 million of Free Cash Flow during the year, compared to $12.2 million in 2022, and declared dividends of $19.8 million or $1.16 per share to our shareholders. Acadian's balance sheet remains solid with $14.8 million of net liquidity as at December 31, 2023, which includes funds available under our credit facilities."
So just wondering about how much extra funds they generate/accumulate beyond the dividend and the security of the dividend going forward. Aren't they at a level that is somewhat worrying if there was a further downturn in the lumber industry?
By the way I am a long time holder of this stock.
Thanks so much
Stuart
Insiders
Share Information
News and Media