Key Highlights

  • Simpson's $0.30 quarterly dividend goes ex-dividend October 1, 2026 and is payable October 22 to shareholders of record.
  • Second-quarter net sales were $671.1 million, up 6.3%, with GAAP net income of $127.0 million versus $103.5 million.
  • Diluted EPS was $3.09 versus $2.47, and gross margin was 47.4%, with gross profit of $318.2 million.
  • Adjusted EBITDA, a non-GAAP measure, was $196.1 million, up 22.6%, and the repurchase authorization was increased to $200 million.

Overview

Simpson Manufacturing Co., Inc.'s (NYSE:SSD) $0.30 quarterly dividend, declared July 23, 2026, yields 0.69%. Second-quarter diluted EPS was $3.09 and six-month diluted EPS was $5.22, and the board increased the 2026 repurchase authorization to $200 million. The dividend is payable October 22 to shareholders of record October 1.

Dividend Program and Shareholder Returns

Simpson's board declared a regular quarterly dividend of $0.30 per common share on July 23, 2026, payable October 22 to shareholders of record on October 1. The June 30 10-Q records the declaration as a subsequent event.

The board increased the 2026 share repurchase authorization to $200 million. The latest filings identify no special or supplemental common dividend.

About the Company

Simpson Manufacturing develops engineered structural connectors, fastening systems and building solutions for wood and concrete construction, including connectors, truss plates, fasteners, anchors and related systems. North America is its largest market, with operations in Europe and Asia/Pacific. Steel, labor, freight and manufacturing utilization affect margins.

Financial Performance Behind the Payout

Simpson reported second-quarter net sales of $671.1 million, up 6.3%. Gross profit rose 8.6% to $318.2 million, and gross margin was 47.4%. Income from operations rose 20.6% to $169.1 million, which included a $5.5 million eminent domain settlement. GAAP net income was $127.0 million, compared with $103.5 million, and diluted EPS was $3.09, compared with $2.47.

Adjusted EBITDA, a non-GAAP measure, was $196.1 million, up 22.6%. Six-month net sales were $1.259 billion, net income was $215.3 million and diluted EPS was $5.22.

By region, North America sales were $522.3 million, Europe sales were $143.5 million and Asia/Pacific sales were $5.3 million.

Pricing, Volume and Capital Allocation

North American sales rose 6%, with pricing and favorable mix partly offset by lower volumes. Management cited steel price volatility and availability, and pressure on housing affordability.

Simpson continues to benefit from manufacturing expansions in Columbus, Ohio and Gallatin, Tennessee. The board increased the 2026 repurchase authorization to $200 million.

GAAP net income of $127.0 million and non-GAAP adjusted EBITDA of $196.1 million are reported as separate measures.

Outlook

Simpson reports net sales by region, gross margin and adjusted EBITDA each quarter. Management cited steel price and availability, housing affordability and volume trends in North America, where second-quarter sales rose 6% on pricing and mix, and the board raised the 2026 repurchase authorization to $200 million.