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Tariffs Impact Dorel Dividend

As it cited the difficulties of dealing with tariffs imposed by the U.S. on China, Dorel Industries said that a review of preliminary third quarter results has prompted the company’s board of directors to suspend its dividend.

Financials
Home Division Lifts Dorel In Q4

Dorel noted that the fourth quarter and full year’s sales improvements at its home division came despite some customers cancelling orders in response to tariffs being imposed in the U.S. during 2018’s second half.

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