Boise Cascade (NYSE: BCC) sets $0.22 dividend payable June 17
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Boise Cascade Company announced that its board of directors has declared a quarterly cash dividend of $0.22 per share on its common stock. The dividend will be paid on June 17, 2026 to stockholders of record as of June 1, 2026.
The company notes that any future dividends, including the amount, record date, and payment date, will be determined by the board based on factors such as legal capital requirements and surplus, future operations and earnings, overall financial condition, material cash needs, debt agreement restrictions, applicable laws, and other considerations.
Positive
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly dividend per share: $0.22 per share
Dividend payment date: June 17, 2026
Dividend record date: June 1, 2026
+2 more
5 metrics
Quarterly dividend per share
$0.22 per share
Declared by board of directors
Dividend payment date
June 17, 2026
Scheduled dividend payment date
Dividend record date
June 1, 2026
Stockholders of record on this date receive dividend
Number of facilities
More than 60 facilities
Distribution and manufacturing locations in U.S. and Canada
Employees
Over 7,500 people
Company workforce powering operations
Key Terms
quarterly dividend, record date, revolving credit facility, indenture, +1 more
5 terms
quarterly dividend financial
"Board of Directors declared a quarterly dividend of $0.22 per share"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
record date financial
"payable on June 17, 2026 to stockholders of record on June 1, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
revolving credit facility financial
"restrictions imposed by our revolving credit facility and the indenture governing our senior notes"
A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.
indenture financial
"restrictions imposed by our revolving credit facility and the indenture governing our senior notes"
An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.
forward-looking statements regulatory
"This press release contains statements concerning future events and expectations, including, without limitation, statements relating to the amount, timing and occurrence of future dividends."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What dividend did Boise Cascade (BCC) declare in this 8-K filing?
Boise Cascade declared a quarterly cash dividend of $0.22 per share on its common stock. This dividend reflects a board-approved cash return to shareholders and is part of the company’s ongoing capital allocation decisions, subject to future board determinations and business conditions.
When will Boise Cascade’s $0.22 dividend be paid and who is eligible?
The $0.22 per share dividend will be paid on June 17, 2026. Stockholders of record on June 1, 2026 will be eligible to receive it, meaning investors must be recorded as shareholders on that date to receive the cash payment.
How does Boise Cascade decide on future dividends after this $0.22 payment?
Future dividends will be set by Boise Cascade’s board of directors based on legal capital requirements, surplus, future operations and earnings, financial condition, material cash needs, debt covenant restrictions, applicable laws, and other factors the board considers relevant at the time of each decision.
What business does Boise Cascade (BCC) operate according to this filing?
Boise Cascade is one of the largest U.S. wholesale distributors of building materials and a leading North American manufacturer of engineered wood products and plywood. It operates more than 60 distribution and manufacturing facilities across the U.S. and Canada with a workforce of over 7,500 people.
Does this Boise Cascade filing contain forward-looking statements about dividends?
Yes. The company states that comments about the amount, timing and occurrence of future dividends are forward-looking statements. These are subject to risks and uncertainties, including market conditions, industry factors, company performance, financial condition, and other risks described in its latest Annual Report on Form 10-K.
