Domtar Corp (TSE:UFS) (NYSE:UFS) – Investment analysts at KeyCorp issued their Q3 2018 earnings estimates for shares of Domtar in a note issued to investors on Thursday. KeyCorp analyst A. Josephson expects that the company will post earnings per share of $0.98 for the quarter.
A number of other brokerages also recently issued reports on UFS. National Bank Financial lifted their price target on shares of Domtar to C$59.00 and gave the company a “sector perform” rating in a report on Tuesday, October 31st. Scotiabank reiterated a “sector perform” rating and issued a C$52.50 price target on shares of Domtar in a report on Tuesday, October 31st.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Monday, January 15th were paid a $0.415 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.03%. Domtar’s payout ratio is currently -38.88%.
COPYRIGHT VIOLATION WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/02/12/domtar-corp-expected-to-post-q3-2018-earnings-of-0-98-per-share-ufs.html.
Domtar Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
Receive News & Ratings for Domtar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domtar and related companies with MarketBeat.com's FREE daily email newsletter.