Boise Cascade Declares $0.22 Quarterly Dividend
Boise Cascade Co (NYSE: BCC), a building materials distributor and manufacturer, announced a quarterly dividend of $0.22 per share. The payment follows a year in which the company returned $216 million to shareholders through dividends and buybacks.
Boise Cascade Co (NYSE: BCC), a building materials distributor and manufacturer, declared a quarterly dividend of $0.22 per share on February 6, 2026. The dividend will be paid to shareholders of record as of February 23, 2026. Read more dividend announcements.
The company ended the fourth quarter of 2025 with $477.2 million in cash and cash equivalents and $395.1 million of undrawn credit line capacity, providing total liquidity of $872.3 million. Outstanding debt stood at $450.0 million as of December 31, 2025.
| Dividend Details | Information |
|---|---|
| Amount | $0.22 per share |
| Record Date | February 23, 2026 |
| Payment Date | March 18, 2026 |
| Declaration Date | February 6, 2026 |
| Frequency | Quarterly |
Capital Allocation and Share Repurchases
For the year ended December 31, 2025, Boise Cascade paid $34.6 million in common stock dividends. The company also returned $181.4 million to shareholders through the repurchase of 2,101,392 shares during the same period.
In the fourth quarter alone, Boise Cascade repurchased 972,640 shares for $70.4 million. In January and February 2026, the company bought back an additional 469,284 shares at a cost of approximately $39 million. Following these repurchases, approximately $200 million remains available under the existing share repurchase authorization.
Capital Spending
During 2025, the company deployed $274.8 million for capital expenditures and acquisitions combined. Boise Cascade expects capital expenditures in 2026 to range between $150 million and $170 million, excluding potential acquisition spending, focused on business improvement, efficiency projects, equipment replacement, and environmental compliance.
Operating Environment
Boise Cascade's products serve the residential construction and repair-and-remodeling markets. Single-family housing starts declined approximately 7% in 2025 compared to 2024 and are expected to remain flat or decline modestly in 2026 as affordability challenges persist for homebuyers.
The company reported price declines across its key product lines in 2025 compared to 2024. Laminated veneer lumber and I-joists both saw average net selling prices fall 11% and 10% respectively, while plywood prices dropped 6%. Sales volumes for these products declined 2%, 8%, and 4% respectively during the year.