Most dividend announcements are in the range of pennies to several dollars, so when a company declares a special dividend of USD 5.6 billion, it tends to grab your attention, and that of shareholders.
In discussions with newcomers considering investments in timberland or the publicly traded timber REITs, I frequently find that there is substantial misunderstandings about what a TIMO is and what the TIMO role is in the investment community.
Major American pension fund puts confidence in timber
Confidence in timber investment funds has been heightened after a major American state pension fund decided to put $500 million into timber.
Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has decided to make the investment just three years after selling a $700 million section of its timber portfolio.
Senior timber investment officer at Mass PRIM, Tim Schlitzer, said it was a perfect time to reinvest in the long-term benefits that timber can provide.
Sino-Forest Increases Investment in Greenheart Resources Strengthening foothold in South American tropical forest
TORONTO, May 9, 2010 /CNW/ - Sino-Forest Corporation ("Sino-Forest") (TSX: TRE), a leading commercial forest plantation operator in China, is pleased to announce that Sino-Capital Global Inc.
Investor interest in forestry is building, driven by climate change concerns, shifting and growing markets for forestry products – and the good, old-fashioned portfolio diversification benefits of an asset class which weathered the financial crisis much better than most and which offers stable long-term returns. But, argue sustainable finance experts, barriers to monetizing the environmental attributes of the sector remain high – both retarding investment but also generating opportunities for early movers.
VICTORIA – The B.C. government issued 294 layoff notices Monday to staff in the forests and energy ministries, and announced it is closing the forests ministry field office in Prince Rupert.
