Domtar Corp (TSE:UFS) (NYSE:UFS) – Equities researchers at National Bank Financial issued their Q3 2018 earnings estimates for Domtar in a note issued to investors on Thursday. National Bank Financial analyst L. Aghazarian anticipates that the company will post earnings per share of $1.05 for the quarter. National Bank Financial has a “Sector Perform” rating and a $59.00 price objective on the stock. National Bank Financial also issued estimates for Domtar’s FY2019 earnings at $3.77 EPS.
Separately, Scotiabank restated a “sector perform” rating and set a C$52.50 target price on shares of Domtar in a research report on Tuesday, October 31st.
The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Monday, January 15th were given a dividend of $0.415 per share. 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%.
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.
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