
TSE:ADN
This summary was created by AI, based on 1 opinions in the last 12 months.
Acadian Timber Corp (ADN-T) stands out as a unique investment opportunity in Canada, providing a distinctive chance for investors to engage with an uncorrelated infrastructure-type asset without the complexities associated with sawmills. This pure play on timber land appeals to various institutions and pension funds, likely due to its robust asset base and potential for long-term appreciation. The company is noted for its regular dividend payments, which can attract income-focused investors, making it a compelling option for those seeking stability in their portfolios. Overall, Acadian Timber Corp is regarded positively in the investment community, particularly for its niche focus and historical performance in a stable yet promising sector.
Lumber. Prices have gone haywire but in the last month or so they have fallen off with the rest of the commodities. Lumber prices are going to track US housing starts. He can see lumber prices staying high for a long time. His preference is Acadian Timber (AND-T) as he feels it is a safer play. Owns 2,000,000 plus acres of timber land in the US and Canada. Pays a wonderful dividend of 5.9%. If lumber prices stay above $350, it is possible to see a dividend increase by the end of the year.
Pure timber producer. Pays a nice dividend yield (6.14%) and owns a lot of timber land and should benefit from the housing recovery in the US.