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.
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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