Simpson Manufacturing stock dividend – SIMPSON MANUFACTURING Declares Quarterly Dividend of $0.26 Per Share
January 4, 2023
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SIMPSON MANUFACTURING ($NYSE:SSD) Co., Inc. is a leading provider of engineered and pre-engineered building products and services for residential, commercial and industrial markets. The company has a long history of providing quality products and services to its customers and has been recognized for its innovative solutions and commitment to customer service. The company has announced a quarterly dividend of $0.26 per share, the same as the previous period. This dividend is payable on January 26, 2021 to shareholders of record on January 5, 2021 and will be ex-dividend on January 4, 2021. This dividend will be paid to shareholders of record as of the close of business on the record date. Simpson Manufacturing is committed to rewarding shareholders through its dividend policy. The company’s dividend policy is designed to provide a stable stream of income to shareholders while also allowing the company to reinvest in its future growth.
Simpson Manufacturing has a long history of consistently increasing its dividend payouts, which reflects the company’s commitment to its shareholders. Investors interested in learning more about Simpson Manufacturing’s dividend payments can find more information on Seeking Alpha’s SSD Dividend Scorecard, Yield Chart, and Dividend Growth. These tools provide insight into the company’s dividend payments, yield on cost, and dividend growth trends over time. Simpson Manufacturing has a strong commitment to its customers, shareholders, and employees. The company’s consistent dividend payments are a reflection of this commitment and will continue to reward its shareholders for many years to come.
Dividends – Simpson Manufacturing stock dividend
This dividend was a significant increase over the dividends of $0.98 and $0.92 issued during the last two years. The dividend yield of SIMPSON MANUFACTURING for 2020, 2021, and 2022 was 0.89%, 0.88%, and 0.89%, respectively, resulting in a three-year average dividend yield of 0.89%. The dividend demonstrates the company’s financial health and its ability to generate consistent earnings from its operations and investments. The company encourages shareholders to consult with their tax and financial advisors regarding their individual tax situations. The quarterly dividend is just one way that SIMPSON MANUFACTURING is rewarding its shareholders for their loyalty and continued support.
The company has also initiated a number of other initiatives to ensure that its shareholders are getting the best possible returns on their investments. These initiatives include stock buybacks, share repurchases, and dividend reinvestment plans that allow shareholders to reinvest their dividends into additional shares of the company’s stock. The quarterly dividend of $0.26 per share is a reflection of SIMPSON MANUFACTURING’s commitment to rewarding its shareholders for their loyalty and continued support. With a three-year average dividend yield of 0.89% and a strong commitment to creating value for its shareholders, the company is well-positioned to continue to provide a steady return on investment for its shareholders in the future.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Simpson Manufacturing. More…
| Total Revenues | Net Income | Net Margin |
| 2.06k | 346.19 | 17.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Simpson Manufacturing. More…
| Operations | Investing | Financing |
| 208.11 | -58.8 | -71.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Simpson Manufacturing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.5k | 1.17k | 29.94 |
Key Ratios Snapshot
Some of the financial key ratios for Simpson Manufacturing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.7% | 45.0% | 22.7% |
| FCF Margin | ROE | ROA |
| 7.1% | 22.8% | 11.7% |
Stock Price
The stock opened at $89.8 and closed at $91.4, up by 3.1% from the previous closing price of 88.7. This dividend payment is a sign of the company’s financial strength and long-term growth prospects. The Board of Directors at SIMPSON MANUFACTURING has declared the quarterly dividend of $0.26 per share, a mark of confidence in the company’s financial stability and future prospects. The dividend is a reflection of the company’s commitment to returning value to its shareholders. This is the third consecutive quarter that SIMPSON MANUFACTURING has declared a quarterly dividend, demonstrating the company’s commitment to rewarding shareholders for their loyalty and long-term investment. The dividend payment is also a sign of the company’s financial health and strength.
The fact that SIMPSON MANUFACTURING is able to declare a dividend means that it is generating enough income to pay out dividends to its shareholders. This is a strong sign that the company has established a strong financial foundation and is confident in its future prospects. The quarterly dividend payment from SIMPSON MANUFACTURING is a sign of the company’s strength and potential for growth. The company’s commitment to rewarding shareholders for their loyalty and long-term investment makes it an attractive investment opportunity for those seeking to create long-term wealth. Live Quote…
VI Analysis
SIMPSON MANUFACTURING is a company with strong fundamentals that reflect its long term potential. The VI Star Chart suggests that the company has a high health score of 9/10 with respect to cashflows and debt, which implies that it is capable of weathering any crisis without the risk of bankruptcy. Moreover, SIMPSON MANUFACTURING is classified as a ‘gorilla’ company, meaning that it has achieved stable and high revenue or earnings growth due to its strong competitive advantage. As a result, SIMPSON MANUFACTURING is an attractive option for investors interested in long-term growth and stability. The company is especially strong in terms of dividend, growth, profitability, and asset acquisition. It is also worth noting that SIMPSON MANUFACTURING is well-positioned to take advantage of new opportunities as they arise in the future. This makes it an attractive investment for those looking to capitalize on future market trends. Overall, SIMPSON MANUFACTURING is a company with strong fundamentals and long-term potential; it is an attractive option for investors looking for both stability and growth. With its high health score, competitive advantage, and ability to capitalize on future market trends, the company is well-positioned for success in the long run. More…
VI Peers
Simpson Manufacturing Co Inc is one of the largest manufacturers of building materials in the United States. The company’s products are used in residential and commercial construction, as well as in industrial and infrastructure applications. Simpson has a diversified product portfolio that includes wood products, steel products, and concrete products. The company’s products are sold through a network of distributors and retailers. Simpson Manufacturing Co Inc has a strong market position in the United States, with a market share of approximately 15%. Simpson’s main competitors are Sankyo Tateyama Inc, Korporacja Budowlana Dom SA, and Licogi 16 JSC. These companies are all large manufacturers of building materials with a strong presence in the United States.
– Sankyo Tateyama Inc ($TSE:5932)
Sankyo Tateyama Inc is a Japanese company that manufactures and sells pharmaceuticals and medical devices. The company has a market capitalization of 16.87 billion as of 2022 and a return on equity of 0.94%. Sankyo Tateyama is a leading manufacturer of prescription drugs and over-the-counter drugs in Japan. The company also manufactures and sells medical devices, including blood pressure monitors, blood glucose monitors, and blood pressure cuffs.
– Korporacja Budowlana Dom SA ($LTS:0LZA)
Korporacja Budowlana Dom SA is a construction company that operates in Poland. The company focuses on the construction of residential, commercial, and industrial buildings. As of 2022, the company has a market cap of 2.65M and a ROE of 4.11%.
Summary
SIMPSON MANUFACTURING recently declared a quarterly dividend of $0.26 per share. This dividend is seen as a positive sign for investors, as it indicates the company is financially stable and is rewarding shareholders with a dividend payment. The news of the dividend announcement caused the stock price to rise, demonstrating the market’s confidence in the company’s performance.
Investing in SIMPSON MANUFACTURING could prove to be a profitable move for long term investors looking for steady returns. The company has a long history of stability and profitability, making it an attractive option for those looking for a reliable investment.
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