I’ve had Acadian Timber Corp (TSX: ADN, OTC: ACAZF) rated a “buy” in How They Rate for some months. I’ve decided to add it to the Aggressive Holdings now for two reasons. First, the company has increased its quarterly dividend to 20.62 cents Canadian per share from a previous CAD0.05, pushing the annualized yield up to 8 percent. And second–but equally important–management stated its intention to grow the dividend further as business conditions permit.

Both are signs of a strong underlying business on track to produce robust total returns for investors, in addition to a high current yield. In Acadian Timber’s case, that’s the business of harvesting and marketing forest products.