Domtar.
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.
- Last Updated:
- Dec 29th, 2019 5:06 am
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- kilburn305 [OP]
- Sr. Member
- Aug 16, 2015
- 832 posts
- 299 upvotes
4 replies
- johnnychi
- Sr. Member
- Jun 28, 2018
- 942 posts
- 673 upvotes
- Toronto
I was kind of tempted by this a few months ago.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.
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
The Distracted Investor
Dividends through quality companies
Though I usually lose money with trades 
Dividends through quality companies
Though I usually lose money with trades - kilburn305 [OP]
- Sr. Member
- Aug 16, 2015
- 832 posts
- 299 upvotes
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.
- frantic
- Newbie
- Dec 23, 2019
- 2 posts
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?
- HammerRFDer
- Deal Addict
- Jul 13, 2007
- 1077 posts
- 577 upvotes
- Toronto
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).