01:29:20 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Stella-Jones Inc
Symbol SJ
Shares Issued 57,021,413
Close 2023-12-29 C$ 77.12
Market Cap C$ 4,397,491,371
Recent Sedar Documents

Globe says Stelco, Stella-Jones enjoy good year on TSX

2024-01-02 07:31 ET - In the News

See In the News (C-STLC) Stelco Holdings Inc

The Globe and Mail reports in its Saturday edition that Stelco Holdings is among the top-20 Canadian stocks on the Toronto Stock Exchange. The Globe's Norman Rothery writes that Stelco is a steelmaker based in Hamilton, Ont., that chalked up huge profits in 2021 and 2022. The gusher of cash helped it slash its share count by 13 per cent over the past four quarters. Stelco trades near seven times forward 12-month earnings estimates and pays a dividend yield of 3.4 per cent -- not including a recently issued $3 per share special dividend. Another top-20 stock on the TSX is Stella-Jones, which makes pressure-treated wood products and most of its sales are generated by its utility pole, railway tie and residential lumber businesses. The company is based in Saint-Laurent, Qué., and raised its quarterly dividend per share by 15 per cent over the past year. It pays a modest dividend yield of 1.2 per cent.

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