Simpson Manufacturing Declares Quarterly Dividend and Narrows Operating Margin Guidance
Simpson Manufacturing (SSD) has declared a quarterly dividend of $0.30 per share, consistent with its previous payout levels. The forward yield is currently at 0.62%. Shareholders will receive the payment on October 22 for those registered as of October 1; shares go ex-dividend on that date. In addition to the dividend announcement, Simpson Manufacturing has narrowed its operating margin guidance for fiscal year 2026 to a range of 19.7% to 20.5%. The company also increased its share repurchase authorization by $200 million, signaling confidence in capital allocation strategies. The firm reported GAAP earnings per share (EPS) of $3.09 for the second quarter of fiscal year 2026, exceeding estimates by $0.37. Revenue came in at $671.1 million, surpassing expectations by $12.34 million.
Tickers: $SSD
Topics: buybacks dividends earnings report