Declared Dividend • May 11
First quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 30th June 2026 Payment date: 30th July 2026 Dividend yield will be 8.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (271% cash payout ratio). The dividend has increased by an average of 2.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 63% over the next year. Since a fall of 51% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. お知らせ • May 10
Acadian Timber Corp. announces Quarterly dividend, payable on July 30, 2026 Acadian Timber Corp. announced Quarterly dividend of CAD 0.2900 per share payable on July 30, 2026, ex-date on June 30, 2026 and record date on June 30, 2026. Reported Earnings • May 07
First quarter 2026 earnings released: EPS: CA$0.19 (vs CA$0.21 in 1Q 2025) First quarter 2026 results: EPS: CA$0.19 (down from CA$0.21 in 1Q 2025). Revenue: CA$23.4m (down 5.7% from 1Q 2025). Net income: CA$3.47m (down 5.1% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. お知らせ • Apr 18
Acadian Timber Corp. to Report Q1, 2026 Results on May 06, 2026 Acadian Timber Corp. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Upcoming Dividend • Mar 24
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.0%). お知らせ • Mar 04
Acadian Timber Corp., Annual General Meeting, May 07, 2026 Acadian Timber Corp., Annual General Meeting, May 07, 2026. New Risk • Feb 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 336% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 62% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Large one-off items impacting financial results. Declared Dividend • Feb 16
Fourth quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 8.1%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (141% earnings payout ratio) nor is it covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 2.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. However, EPS is expected to decline by 85% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: CA$2.70 (vs CA$1.24 in FY 2024) Full year 2025 results: EPS: CA$2.70 (up from CA$1.24 in FY 2024). Revenue: CA$87.0m (down 25% from FY 2024). Net income: CA$49.0m (up 125% from FY 2024). Profit margin: 56% (up from 19% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. お知らせ • Feb 13
Acadian Timber Corp. announces Quarterly dividend, payable on April 15, 2026 Acadian Timber Corp. announced Quarterly dividend of CAD 0.2900 per share payable on April 15, 2026, ex-date on March 31, 2026 and record date on March 31, 2026. New Risk • Feb 12
New major risk - Revenue and earnings growth Earnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 141% Dividend per share is over 18x cash flows per share. Earnings have declined by 3.5% per year over the past 5 years. お知らせ • Jan 24
Acadian Timber Corp. to Report Q4, 2025 Results on Feb 11, 2026 Acadian Timber Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 11, 2026 Upcoming Dividend • Dec 24
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.3%). Recent Insider Transactions • Nov 13
President recently bought €88k worth of stock On the 7th of November, Adam Sheparski bought around 10k shares on-market at roughly €8.81 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Adam's only on-market trade for the last 12 months. Declared Dividend • Nov 03
Third quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 9.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (141% earnings payout ratio) nor is it covered by cash flows (dividend approximately 18x free cash flows). The dividend has increased by an average of 2.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. EPS is expected to grow by 18% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CA$0.16 (vs CA$0.13 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.16 (up from CA$0.13 in 3Q 2024). Revenue: CA$23.0m (down 11% from 3Q 2024). Net income: CA$2.93m (up 32% from 3Q 2024). Profit margin: 13% (up from 8.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. お知らせ • Oct 31
Acadian Timber Corp. announces Quarterly dividend, payable on January 15, 2026 Acadian Timber Corp. announced Quarterly dividend of CAD 0.2900 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Board Change • Oct 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Oct 11
Acadian Timber Corp. to Report Q3, 2025 Results on Oct 29, 2025 Acadian Timber Corp. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025 Board Change • Oct 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 22
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.4%). Board Change • Aug 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 10
Second quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 7.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (148% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 64% to bring the payout ratio under control. EPS is expected to grow by 27% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: CA$0.15 (vs CA$0.46 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.15 (down from CA$0.46 in 2Q 2024). Revenue: CA$17.1m (down 58% from 2Q 2024). Net income: CA$2.67m (down 66% from 2Q 2024). Profit margin: 16% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. お知らせ • Jul 19
Acadian Timber Corp. to Report Q2, 2025 Results on Aug 06, 2025 Acadian Timber Corp. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Board Change • Jul 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 23
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (4.2%). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 11
First quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 7.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control. However, EPS is expected to decline by 3.6% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: CA$0.21 (vs CA$0.35 in 1Q 2024) First quarter 2025 results: EPS: CA$0.21 (down from CA$0.35 in 1Q 2024). Revenue: CA$24.8m (down 14% from 1Q 2024). Net income: CA$3.66m (down 39% from 1Q 2024). Profit margin: 15% (down from 21% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. お知らせ • May 08
Acadian Timber Corp. Announces Quarterly Dividend, Payable on July 15, 2025 Acadian Timber Corp. announced a quarterly dividend of $0.29 per share, payable on July 15, 2025 to shareholders of record June 30, 2025. Board Change • Apr 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Apr 18
Acadian Timber Corp. to Report Q1, 2025 Results on May 07, 2025 Acadian Timber Corp. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Board Change • Mar 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Mar 05
Acadian Timber Corp., Annual General Meeting, May 08, 2025 Acadian Timber Corp., Annual General Meeting, May 08, 2025. Declared Dividend • Feb 17
Fourth quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 7.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 4.2% to bring the payout ratio under control. However, EPS is expected to decline by 17% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: CA$1.24 (vs CA$1.72 in FY 2023) Full year 2024 results: EPS: CA$1.24 (down from CA$1.72 in FY 2023). Revenue: CA$116.2m (up 24% from FY 2023). Net income: CA$21.7m (down 26% from FY 2023). Profit margin: 19% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. お知らせ • Feb 13
Acadian Timber Corp. Announces Quarterly Dividend, Payable on April 15, 2025 Acadian Timber Corp. announced a quarterly dividend of $0.29 per share, payable on April 15, 2025 to shareholders of record March 31, 2025. お知らせ • Feb 11
Acadian Timber Corp. (TSX:ADN) agreed to acquire Assets of A & A Brochu, LLC from A & A Brochu, LLC for $4.8 million. Acadian Timber Corp. (TSX:ADN) agreed to acquire Assets of A & A Brochu, LLC from A & A Brochu, LLC for $4.8 million on February 10, 2025. The assets include harvesting, trucking, and road building equipment, as well as related real estate, in the Millinocket, Maine region. The transaction is expected to close in the first quarter of 2025. お知らせ • Jan 25
Acadian Timber Corp. to Report Q4, 2024 Results on Feb 12, 2025 Acadian Timber Corp. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Upcoming Dividend • Dec 27
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 73% and the cash payout ratio is 84%. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.9%). Board Change • Dec 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 08
Third quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 7.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 38% over the next 2 years. Since a fall of 19% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CA$0.13 (vs CA$0.38 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.13 (down from CA$0.38 in 3Q 2023). Revenue: CA$26.0m (down 2.4% from 3Q 2023). Net income: CA$2.22m (down 65% from 3Q 2023). Profit margin: 8.5% (down from 24% in 3Q 2023). Revenue is expected to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. お知らせ • Oct 31
Acadian Timber Corp. Announces Dividend, Payable on January 15, 2025 Acadian Timber Corp. announced a dividend of $0.29 per share, payable on January 15, 2025 to shareholders of record December 31, 2024. お知らせ • Oct 12
Acadian Timber Corp. to Report Q3, 2024 Results on Oct 30, 2024 Acadian Timber Corp. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 20
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.5%). Declared Dividend • Aug 06
Second quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 37% over the next year. Since a fall of 30% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Board Change • Aug 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President, CEO & Director Adam Sheparski was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Aug 02
Acadian Timber Corp. Announce Quarterly Dividend, Payable on October 15, 2024 Acadian Timber Corp. announced that based on a strong balance sheet and positive outlook for the remainder of the year, it announce a dividend of $0.29 per share, payable on October 15, 2024 to shareholders of record September 30, 2024. お知らせ • Jul 13
Acadian Timber Corp. to Report Q2, 2024 Results on Jul 31, 2024 Acadian Timber Corp. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Declared Dividend • May 15
First quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 7.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (464% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 31% over the next year. Since a fall of 26% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. New Risk • May 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 31% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 31% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (464% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (30% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Reported Earnings • May 11
First quarter 2024 earnings released: EPS: CA$0.35 (vs CA$0.33 in 1Q 2023) First quarter 2024 results: EPS: CA$0.35 (up from CA$0.33 in 1Q 2023). Revenue: CA$28.8m (up 29% from 1Q 2023). Net income: CA$6.03m (up 7.2% from 1Q 2023). Profit margin: 21% (down from 25% in 1Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. お知らせ • May 10
Acadian Timber Corp. Announces Quarterly Dividend, Payable on July 15, 2024 Acadian Timber Corp. announced that based on a strong balance sheet and positive outlook for the remainder of the year, it announced a dividend of $0.29 per share, payable on July 15, 2024 to shareholders of record June 30, 2024. お知らせ • Apr 21
Acadian Timber Corp. to Report Q1, 2024 Results on May 08, 2024 Acadian Timber Corp. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Declared Dividend • Mar 22
Fourth quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 7.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (204% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 47% over the next 2 years. Since a fall of 25% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. お知らせ • Mar 02
Acadian Timber Corp., Annual General Meeting, May 09, 2024 Acadian Timber Corp., Annual General Meeting, May 09, 2024. Declared Dividend • Feb 12
Fourth quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 7.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (204% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 47% over the next 2 years. Since a fall of 25% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. New Risk • Feb 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 24% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (204% cash payout ratio). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: CA$1.72 (vs CA$2.12 in FY 2022) Full year 2023 results: EPS: CA$1.72 (down from CA$2.12 in FY 2022). Revenue: CA$93.5m (up 3.3% from FY 2022). Net income: CA$29.4m (down 17% from FY 2022). Profit margin: 32% (down from 39% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. お知らせ • Feb 08
Acadian Timber Corp. Announces Quarterly Dividend, Payable on April 15, 2024 Acadian Timber Corp. announced that based on a strong balance sheet and positive outlook for the remainder of the year, Acadian announced a dividend of $0.29 per share, payable on April 15, 2024 to shareholders of record on March 31, 2024. お知らせ • Jan 20
Acadian Timber Corp. to Report Q4, 2023 Results on Feb 07, 2024 Acadian Timber Corp. announced that they will report Q4, 2023 results After-Market on Feb 07, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.29 per share at 6.9% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 6.9%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (5.0%). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CA$0.37 (vs CA$0.29 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.37 (up from CA$0.29 in 3Q 2022). Revenue: CA$26.6m (up 13% from 3Q 2022). Net income: CA$6.41m (up 33% from 3Q 2022). Profit margin: 24% (up from 21% in 3Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. お知らせ • Nov 02
Acadian Timber Corp. Announces Quarterly Dividend, Payable on January 15, 2024 Acadian Timber Corp. announced based on a strong balance sheet and outlook for the remainder of the year, the company announced a quarterly dividend of $0.29 per share, payable on January 15, 2024 to shareholders of record on December 31, 2023. お知らせ • Oct 14
Acadian Timber Corp. to Report Q3, 2023 Results on Nov 01, 2023 Acadian Timber Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 01, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.29 per share at 6.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 15 October 2023. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.4%). Recent Insider Transactions • Aug 17
President recently bought €120k worth of stock On the 15th of August, Adam Sheparski bought around 10k shares on-market at roughly €12.01 per share. This transaction increased Adam's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Adam's only on-market trade for the last 12 months. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: CA$0.34 (vs CA$0.27 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.34 (up from CA$0.27 in 2Q 2022). Revenue: CA$20.7m (up 26% from 2Q 2022). Net income: CA$5.81m (up 29% from 2Q 2022). Profit margin: 28% (in line with 2Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. お知らせ • Jul 08
Acadian Timber Corp. to Report Q2, 2023 Results on Jul 26, 2023 Acadian Timber Corp. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.29 per share at 6.8% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 15 July 2023. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 6.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.9%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: CA$0.33 (vs CA$0.25 in 1Q 2022) First quarter 2023 results: EPS: CA$0.33 (up from CA$0.25 in 1Q 2022). Revenue: CA$22.4m (down 16% from 1Q 2022). Net income: CA$5.62m (up 35% from 1Q 2022). Profit margin: 25% (up from 16% in 1Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.29 per share at 7.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 15 April 2023. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.4%). Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: CA$2.12 (vs CA$1.12 in FY 2021) Full year 2022 results: EPS: CA$2.12 (up from CA$1.12 in FY 2021). Revenue: CA$90.5m (down 5.5% from FY 2021). Net income: CA$35.5m (up 90% from FY 2021). Profit margin: 39% (up from 20% in FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. お知らせ • Feb 09
Acadian Timber Corp. Announces Dividend for the Fourth Quarter December 31, 2022, Payable on April 15, 2023 Acadian Timber Corp. announced a dividend of $0.29 per share for the fourth quarter December 31, 2022, payable on April 15, 2023 to shareholders of record on March 31, 2023. お知らせ • Jan 21
Acadian Timber Corp. to Report Q4, 2022 Results on Feb 08, 2023 Acadian Timber Corp. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 15 January 2023. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 7.8%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.4%). Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CA$0.29 (vs CA$0.005 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.29 (up from CA$0.005 in 3Q 2021). Revenue: CA$23.6m (up 4.1% from 3Q 2021). Net income: CA$4.83m (up CA$4.74m from 3Q 2021). Profit margin: 21% (up from 0.4% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 28 September 2022. Payment date: 15 October 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.1%). Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: CA$0.27 (vs CA$0.35 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.27 (down from CA$0.35 in 2Q 2021). Revenue: CA$16.5m (down 10% from 2Q 2021). Net income: CA$4.52m (down 23% from 2Q 2021). Profit margin: 27% (down from 32% in 2Q 2021). Over the next year, revenue is forecast to grow 2.0%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (3.5%). Buying Opportunity • Jun 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €14.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.4% in 2 years. Earnings is forecast to decline by 4.1% in the next 2 years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: CA$0.25 (vs CA$0.35 in 1Q 2021) First quarter 2022 results: EPS: CA$0.25 (down from CA$0.35 in 1Q 2021). Revenue: CA$26.6m (up 2.9% from 1Q 2021). Net income: CA$4.16m (down 29% from 1Q 2021). Profit margin: 16% (down from 23% in 1Q 2021). Over the next year, revenue is expected to shrink by 2.0% compared to a 6.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 15 April 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.0%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$1.12 (down from CA$1.32 in FY 2020). Revenue: CA$95.7m (up 5.2% from FY 2020). Net income: CA$18.7m (down 15% from FY 2020). Profit margin: 20% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Over the next year, revenue is expected to shrink by 1.4% compared to a 4.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Dec 23
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 71% and the cash payout ratio is 90%. Trailing yield: 6.2%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS CA$0.01 (vs CA$0.31 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$22.7m (down 2.5% from 3Q 2020). Net income: CA$87.0k (down 98% from 3Q 2020). Profit margin: 0.4% (down from 23% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.