Why it’s on the map
Largest US plywood/EWP producer. Canadian plywood now carries the 50% Section 338 tariff with NO USMCA exemption — the most direct competitive gift in the wood package.
Government money & contracts
None.
Customers & commercial
Homebuilders, dealers; James Hardie partnership.
Catalysts
Q3 EBITDA guide $82–114M; DA Davidson PT $99.
Risk
Canada's 50% counter-tariff on US plywood (Sept 8); housing starts -13.5% YoY.
Tariff durability
Section 338 (fragile) + housing cycle.
Dividend · #30 of 47 payers by yield
1.17% yield
$0.92 a share a year · quarterly · pays Mar · Jun · Sept · Dec
Per payment$0.23a share, 4× a year
Next payoutexpected Decnot yet declared
Last ex-dateSept 1, 2026next ex-date Dec 1, 2026
Last paidSept 16, 2026$0.23 a share
Payout ratio30%of earnings · well covered
Raised—streak not on record
Shares at the Oct 30 close of $78.8312.69
Each payment$2.92
Per year · 4 payments$11.67
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Sept 1, 2026 | Sept 16, 2026 | $0.23 | |
| Jun 1, 2026 | Jun 17, 2026 | $0.22 | |
| Feb 23, 2026 | Mar 18, 2026 | $0.22 | |
| Dec 1, 2025 | Dec 17, 2025 | $0.22 |
Yield = $0.23 × 4 ÷ the Oct 30 close of $78.83. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source