Simpson Manufacturing Raises Quarterly Dividend 3.45%
Simpson Manufacturing increased its quarterly dividend to $0.30 per share, extending its dividend-growth streak to 12 consecutive years.
SSD — Simpson Manufacturing Co., Inc.
Simpson Manufacturing Co., Inc. (NYSE: SSD) increased its quarterly dividend to $0.30 per share from $0.29, a 3.45% rise. Shares traded ex-dividend on July 2, 2026.
The new payment lifts the company’s annualized dividend to $1.20 per share. Based on a share price of $186.58, the forward annual yield is 0.64%.
The increase extends Simpson Manufacturing’s record of annual dividend growth to 12 consecutive years. The company has not previously cut its dividend in the period covered by the supplied data. Its dividend safety score is 97 out of 100, corresponding to an A grade.
Simpson Manufacturing did not give a specific reason for the increase in its dividend announcement. The company, headquartered in Pleasanton, California, designs and manufactures structural connectors and other building products through businesses including Simpson Strong-Tie. Its products serve residential and commercial construction markets in North America and Europe, including wood connectors, fastening systems, concrete anchors and construction adhesives. Simpson Manufacturing’s dividend announcement
Recent operating results provide context for the board’s capital-return decision. Simpson reported that second-quarter net sales increased 6.3% from a year earlier, with growth in both North America and Europe. Chief Executive Mike Olosky attributed the quarter’s performance to solid execution across the company’s operations. Operating cash flow also increased, which the company said primarily reflected higher net income and working-capital changes. Simpson Manufacturing’s second-quarter results
The company’s regulatory filing confirms that the board authorized the quarterly payment and identifies July 2 as the record date associated with the distribution. Simpson Manufacturing’s quarterly SEC filing
What it means for income investors
The increase gives shareholders an additional $0.01 per share each quarter and maintains Simpson Manufacturing’s 12-year dividend-growth streak. The 0.64% forward yield remains modest, making the event more notable for the continuation of dividend growth than for current income. The A safety grade and 97 safety score indicate a strong dividend profile under the supplied methodology, though those measures do not guarantee future payments.
Sources
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Yield, payout, safety score, history and the next ex-dividend date.
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