Boise Cascade Company Declares Quarterly Cash Dividend for Shareholders
Board of Directors Approves Dividend Declaration
Boise Cascade Company (NYSE: BCC), a leading manufacturer and distributor of building materials in North America, has announced that its Board of Directors has approved a quarterly cash dividend for holders of the Company’s common stock. The declared dividend reflects the Company’s ongoing commitment to delivering shareholder value while maintaining financial discipline and operational flexibility.
The Board has authorized a dividend payment of $0.22 per share, payable to shareholders of record as of February 23, 2026. The dividend will be distributed on March 18, 2026, consistent with the Company’s established dividend payment schedule.
This announcement reinforces Boise Cascade’s balanced capital allocation strategy, which aims to reward shareholders while ensuring sufficient resources remain available to support business operations, strategic investments, and long-term growth initiatives.
Dividend Payment Details
The quarterly dividend of $0.22 per share applies to all issued and outstanding shares of Boise Cascade’s common stock as of the record date. Shareholders who are officially recorded as owners of Boise Cascade common stock at the close of business on February 23, 2026, will be eligible to receive the dividend.
The payment will be made on March 18, 2026, through the Company’s standard dividend distribution process. Investors holding shares through brokerage accounts will receive the dividend according to their respective broker’s payment procedures, while registered shareholders will receive payment directly from the Company’s transfer agent.
Commitment to Shareholder Returns
Boise Cascade’s dividend declaration reflects the Company’s continued focus on returning capital to shareholders in a disciplined and sustainable manner. Regular dividend payments form an important part of the Company’s broader financial strategy, complementing reinvestment in the business and maintaining a strong balance sheet.
The Board of Directors regularly evaluates the Company’s financial position and performance to determine appropriate levels of shareholder distributions. The decision to declare a dividend considers current earnings, projected cash flows, and overall market conditions, ensuring that dividend payments remain aligned with the Company’s long-term objectives.
Factors Influencing Future Dividend Decisions
While Boise Cascade has declared a quarterly dividend for the current period, the Company has emphasized that future dividend declarations are not guaranteed. Decisions regarding future dividends will be made by the Board of Directors and will depend on a range of financial, operational, and regulatory considerations.
Key factors that may influence future dividend declarations include:
- Legal Capital and Surplus Requirements
Dividend payments are subject to applicable corporate laws, which require the Company to maintain adequate legal capital and surplus. Compliance with these requirements is essential before any dividends can be declared. - Future Operations and Earnings Performance
The Company’s ability to generate consistent earnings and operating cash flows plays a significant role in determining whether future dividends are declared and at what level. - Overall Financial Condition
Boise Cascade’s financial health, including liquidity, leverage levels, and cash reserves, will be carefully assessed before approving future dividend payments. - Material Cash Requirements
Capital expenditures, working capital needs, acquisitions, debt repayments, and other cash obligations may impact the availability of funds for shareholder distributions.
Impact of Credit Agreements and Debt Obligations
Boise Cascade’s dividend policy is also influenced by contractual obligations under its financing arrangements. The Company is subject to restrictions imposed by its revolving credit facility and the indenture governing its senior notes. These agreements may limit the amount of cash that can be distributed to shareholders under certain conditions.
The Board of Directors must ensure that any dividend declaration remains compliant with these financial covenants and does not impair the Company’s ability to meet its debt obligations. Maintaining strong relationships with lenders and preserving financial flexibility are key priorities for Boise Cascade’s leadership.
Regulatory and Legal Considerations
In addition to internal financial metrics, dividend decisions are influenced by applicable federal, state, and local laws. Regulatory requirements governing corporate distributions must be satisfied before dividends are declared and paid.
The Board carefully reviews these legal considerations in conjunction with advice from financial and legal advisors to ensure full compliance and sound governance practices.
Board Oversight and Strategic Judgment
Ultimately, dividend declarations are subject to the discretion of Boise Cascade’s Board of Directors. The Board evaluates all relevant factors and exercises its judgment to determine whether a dividend is in the best interests of the Company and its shareholders at a given time.
This governance approach allows Boise Cascade to adapt its capital allocation strategy in response to changing market conditions, economic cycles, and business priorities, while maintaining transparency and accountability to investors.
Long-Term Financial Strategy
Boise Cascade continues to pursue a long-term financial strategy focused on operational excellence, prudent capital management, and sustainable growth. Dividend payments are one component of this strategy, alongside reinvestment in manufacturing capabilities, distribution networks, and innovation in building materials.
By balancing shareholder returns with reinvestment and financial stability, the Company aims to create lasting value for shareholders while remaining resilient in a dynamic and competitive industry environment.
Conclusion
The declaration of a $0.22 per share quarterly dividend underscores Boise Cascade Company’s confidence in its financial position and commitment to rewarding shareholders. With a payment date set for March 18, 2026, and a record date of February 23, 2026, the Company continues its disciplined approach to capital allocation.
While future dividends will depend on multiple financial, legal, and operational factors, Boise Cascade’s Board of Directors remains focused on making prudent decisions that support both near-term shareholder returns and long-term corporate success.
About Boise Cascade
Boise Cascade is one of the largest U.S. wholesale distributors of building materials and a leading manufacturer of engineered wood products and plywood in North America. Our integrated model and national distribution footprint position us to deliver outstanding service to our customers across a broad range of industry-leading products, including key structural products that we produce. Headquartered in Boise, Idaho, we operate more than 60 distribution and manufacturing facilities strategically located across the U.S. and Canada. Our work is powered by a dedicated team of over 7,500 people. Learn more at www.bc.com.
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