When I published my first article on Acadian Timber (ACAZF), I found the shares trading at attractive multiples but suggested growth investors should steer clear. On the contrary, I thought income investors should be thrilled by the very attractive dividend yield and the safety of distributions. One year and two months down the line, Acadian shares have stayed true to my expectations. This is evident from the performance of Acadian shares since I published the article in November 2018.
Source: Seeking Alpha
The total return of 11.52% primarily consists of dividend distributions,