Stella-Jones’ Board of Directors declared a quarterly dividend of CAD 0.11 per common share, payable on April 28, 2017 to shareholders of record at the close of business on April 3, 2017.
In 4Q2016 Stella-Jones Inc reported 41.6% decrease of operating income amid 4.4% sales decline y-o-y.
Earlier Stella-Jones appointed a new board member.
About Stella-Jones Inc:
The company is a leading producer and marketer of pressure treated wood products. It supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. Stella-Jones also provides residential lumber to retailers and wholesalers for outdoor applications, as well as industrial products for construction and marine applications. The Company’s common shares are listed on the Toronto Stock Exchange.