SIMPSON MANUFACTURING CO., INC. DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Simpson Manufacturing Co. (NYSE: SSD) declared a quarterly dividend of 25 cents per share on January 20, 2022. This dividend is payable on April 28, 2022, to shareholders on record as of April 7, 2022. The company is a leader in engineered structural connectors and building solutions, with a focus on wood and concrete construction products.

Positive

• Declared a quarterly dividend of 25 cents per share.
• Demonstrates company’s commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – SSD

+4.77%

+4.77% Session move

In the trading session that priced this news, SSD gained 4.77%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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PLEASANTON, Calif., Jan. 24, 2022 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced that on January 20, 2022 the Company's Board of Directors (the "Board") declared a regular quarterly dividend of 25 cents per share on the Company's common stock. The dividend is payable on April 28, 2022, to stockholders of record on April 7, 2022.

About Simpson Manufacturing Co., Inc.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."

CONTACT:                                                                              
Addo Investor Relations
investor.relations@strongtie.com 
(310) 829-5400

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SOURCE Simpson Manufacturing Co., Inc.

FAQ

What is the dividend amount declared by SSD in January 2022?

Simpson Manufacturing Co. declared a dividend of 25 cents per share.

When is the dividend payment date for SSD shareholders?

The dividend is payable on April 28, 2022.

What is the record date for the SSD dividend?

The record date for the dividend is April 7, 2022.

Is the dividend from Simpson Manufacturing sustainable?

The press release does not provide details on the sustainability of the dividend.