Canfor Pulp Products Inc (CFX) Plans $0.06 Quarterly Dividend

Canfor Pulp Products Inc (TSE:CFX) declared a quarterly dividend on Wednesday, October 24th, Zacks reports. Investors of record on Tuesday, November 6th will be paid a dividend of 0.063 per share on Tuesday, November 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Monday, November 5th.

Shares of CFX opened at C$22.58 on Wednesday. Canfor Pulp Products has a 12-month low of C$12.68 and a 12-month high of C$28.12.

CFX has been the topic of several recent analyst reports. TD Securities raised their price objective on Canfor Pulp Products from C$26.00 to C$28.00 and gave the company a “hold” rating in a research note on Friday, July 27th. CIBC dropped their price objective on Canfor Pulp Products from C$27.00 to C$24.00 in a research note on Monday. Finally, Raymond James raised their price objective on Canfor Pulp Products from C$24.00 to C$25.00 and gave the company a “market perform” rating in a research note on Thursday, July 26th. Five analysts have rated the stock with a hold rating, Canfor Pulp Products has a consensus rating of “Hold” and an average price target of C$21.70.



About Canfor Pulp Products

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products worldwide. The company operates through two segments, Pulp and Paper. It offers solid wood; bleached and unbleached softwood pulp; and bleached and unbleached kraft, and coloured kraft papers. The company also supplies fiber products; and produces green energy.

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Dividend History for Canfor Pulp Products (TSE:CFX)

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