Domtar.

kilburn305 wrote: ↑ Anyone in this dog? I thought maybe their consumer staples business might keep them buoyant. but I guess they're about to go bust with the rest of the pulp industry.

I was kind of tempted by this a few months ago.

Interesting, declared for last quarter: dividend increase. Share buyback.

Thing is, for sales Paper & Pulp up $1,096MM ($805 + $291) of sales while Consumer Staples (Personal Care) is 237MM, which is even less than Pulp.

Consumer Staples is only 17.77% of total Sales. Not enough to really drive anything, but helps with diversifying and I guess there are synergies.

https://www.domtar.com/sites/default/fi ... slides.pdf

I only put a bit more than 1 grand in it. I guess I'm averaging down. not happy with my 56 cad buy in price tho after this disaster quarter.

Since Domtar is based in the US and dividend payments are being made in US dollars, does the 15% withholding tax apply to dividends for UFS.TO?

frantic wrote: ↑ Since Domtar is based in the US and dividend payments are being made in US dollars, does the 15% withholding tax apply to dividends for UFS.TO?

Currency has nothing to do with it. But Domtar's stock would have 15% withholding (Except in RSP), and you'd pay taxes on it like it was interest (when held in a cash account).