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Doman Building Materials Group ( (TSE:DBM) ) has provided an announcement.
Doman Building Materials Group Ltd. has announced a quarterly dividend of $0.14 per share, marking the 62nd consecutive quarter of dividend payments. This announcement reflects the company’s stable financial performance and commitment to returning value to shareholders, reinforcing its strong position in the building materials industry.
The most recent analyst rating on (TSE:DBM) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Doman Building Materials Group stock, see the TSE:DBM Stock Forecast page.
Spark’s Take on TSE:DBM Stock
According to Spark, TipRanks’ AI Analyst, TSE:DBM is a Outperform.
Doman Building Materials Group’s overall stock score reflects strong financial performance and attractive valuation, supported by robust revenue growth and cash flow generation. The technical analysis indicates a strong upward trend, though the stock appears overbought. The earnings call provided positive insights into operational efficiency and growth prospects, despite some market challenges.
To see Spark’s full report on TSE:DBM stock, click here.
More about Doman Building Materials Group
Doman Building Materials Group Ltd., founded in 1989 and headquartered in Vancouver, British Columbia, is Canada’s only fully integrated national distributor in the building materials and related products sector. The company operates several divisions with facilities and distribution centers across Canada and the United States, including treating plants, planing mills, and sawmills. Doman also manages private timberlands and forest licenses in Canada.
Average Trading Volume: 119,030
Technical Sentiment Signal: Buy
Current Market Cap: C$850.9M
See more insights into DBM stock on TipRanks’ Stock Analysis page.