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Friday, February 4, 2011

Welcome Colabor Group Inc. (GCL), 200 stocks of GCL in my portfolio

Colabor Group Inc. (GCL) is base in Boucherville (QC), a locality close to Montreal. GCL distributes dry goods, frozen foods and refrigerated foods to 68 wholesale food distributors in Quebec, Ontario and the Maritimes. The company had been in operation since 1962.

Since that time, Colabor Group Inc. (GCL) had made several acquisitions. The latest Colabor Group Inc. (GCL) acquisition was completed on February 8, 2011. On that dat, Colabor Group Inc. (GCL) acquired Les Pêcheries Norref Québec Inc. ("Norref"). Les Pêcheries Norref Québec Inc. is a Quebec province based company specialize in the distribution of distributor of fresh fish and seafood products in the province of Quebec and the Ottawa region.

Colabor Group Inc. (GCL) pay a quarterly dividend of 26.91 cents, for an annual dividend of 1.0764$. Colabor Group Inc. (GCL) dividend yield is of a very good 9.176%.

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