STOCK TITAN

Boise Cascade Company Announces Quarterly Dividend of $0.10 Per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Boise Cascade Company (NYSE: BCC) has declared a quarterly dividend of $0.10 per share for common stockholders. The payment will occur on September 15, 2021, for those recorded as stockholders on September 1, 2021. Future dividend declarations will depend on various factors, including the Company’s operations, earnings, legal requirements, and existing contractual obligations. Boise Cascade is a major player in engineered wood products and plywood production in North America, as well as a leading distributor of building products.

Positive
  • Quarterly dividend of $0.10 declared, demonstrating profitability.
  • Dividend payment shows commitment to returning value to shareholders.
Negative
  • Future dividends depend on legal and financial conditions, indicating potential instability.

Boise Cascade Company’s (Boise Cascade or the Company) (NYSE: BCC) Board of Directors has declared a quarterly dividend of $0.10 per share to holders of its common stock. The dividend will be paid on September 15, 2021 to stockholders of record on September 1, 2021.

Future dividend declarations, including amount per share, record date and payment date, will be made by the Board of Directors and will depend upon, among other things, legal capital requirements and surplus, the Company’s future operations and earnings, general financial condition, contractual obligations, restrictions imposed by our asset-based credit facility and the indenture governing our senior notes, applicable laws, and other factors as the Board of Directors may deem relevant.

About Boise Cascade

Boise Cascade is one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products. For more information, please visit our website at www.bc.com.

Forward-Looking Statements

This press release contains statements that are “forward looking” within the Private Securities Litigation Reform Act of 1995. These statements speak only as of the date of this press release. While they are based on the current expectations and beliefs of management, they are subject to a number of uncertainties and assumptions that could cause actual events to differ from the expectations expressed in this release. Factors that could cause actual events to differ materially from forward-looking statements are discussed in greater detail in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release. We undertake no obligation to revise them in light of new information. Finally, we undertake no obligation to review or confirm analyst expectations or estimates that might be derived from this release.

FAQ

What is the dividend amount declared by Boise Cascade?

Boise Cascade declared a quarterly dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 15, 2021.

What is the record date for Boise Cascade's dividend?

The record date for the dividend is September 1, 2021.

Are future dividends guaranteed for Boise Cascade?

No, future dividends will depend on various factors including the Company's financial condition.

Boise Cascade Company

NYSE:BCC

BCC Rankings

BCC Latest News

BCC Stock Data

5.53B
38.07M
0.88%
100.36%
2.55%
Building Materials
Wholesale-lumber & Other Construction Materials
Link
United States of America
BOISE