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Friday, May 20, 2011

Celebrating Canfor Pulp Products Inc. (CFX) first dividend distribution as corporation

Holding Canfor Pulp Products Inc. (CFX) in my portfolio had been a blessing. If I would sell what I own of Canfor Pulp Products Inc. (CFX) at this time, I would be making a profit of more than 400$! Back in January of this year, following an exchange with the mountain lion hero, I decided to invest in some stocks of CFX. CFX had been waiting for me for quite some time actually.

The mountain lion hero mentions Canfor Pulp Products Inc. (CFX) in one of his email but I never took time to look more closely than that into the company. In beginning 2011, I began to trade more in order to increase my dividend income. And it’s at that time that I remember the email of the man. And then, I took time to review the companies he was mentioning. Capital Power Income L.P. (CPA.UN), New Flyer Industries Inc. (NFI.UN) and Colabor Group Inc. (GCL) were among those companies. And of course, Canfor Pulp Products Inc. (CFX). Canfor Pulp Products Inc. (CFX) dividend yield may be at time around 10%. Before its conversion into a corporation, Canfor dividend yield was more than 20%.

I had been amazed by Canfor Pulp Products Inc. (CFX). My investment gain value very quickly. Yesterday, I had received Canfor Pulp Products Inc. (CFX) first dividend distribution as a corporation. Time to celebrate!

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