Domtar Corp (UFS) to Release Quarterly Earnings on Friday

Domtar Corp (TSE:UFS) (NYSE:UFS) is scheduled to issue its quarterly earnings data before the market opens on Friday, October 27th. Analysts expect the company to announce earnings of C$1.03 per share for the quarter.

Shares of Domtar Corp (UFS) opened at 56.28 on Wednesday. Domtar Corp has a 12-month low of $45.48 and a 12-month high of $58.31. The stock has a 50 day moving average of $53.19 and a 200 day moving average of $50.77. The company has a market cap of $3.53 billion and a price-to-earnings ratio of 21.46.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Monday, October 2nd were given a dividend of $0.415 per share. The ex-dividend date was Friday, September 29th. This represents a $1.66 annualized dividend and a dividend yield of 2.95%.

Separately, Scotiabank boosted their price target on shares of Domtar Corp to C$50.00 and gave the company a “sector perform” rating in a research report on Thursday, August 3rd.

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About Domtar Corp

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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