September 24, 2004
Simpson Manufacturing Co., Inc. Announces Stock and Cash Dividends
Dublin, CA --
Simpson Manufacturing Co., Inc. (the "Company") announced today that its Board of Directors (the "Board") has approved a stock split to be effected in the form of a stock dividend of its common stock. The record date is November 1, 2004, and the additional shares will be distributed on November 18, 2004. The Company's Board also declared a cash dividend of $0.05 per share, on the post-split shares. The record date for the cash dividend is January 6, 2005, and it will be paid on January 25, 2005.
Simpson Manufacturing Co., Inc., headquartered in Dublin, California,
through its subsidiary, Simpson Strong-Tie Company Inc., designs,
engineers and is a leading manufacturer of wood-to-wood, wood-to-concrete
and wood-to-masonry connectors and pre-fabricated shearwalls. Simpson
Strong-Tie also offers a full line of adhesives, mechanical anchors
and powder actuated tools for concrete, masonry and steel. The Company's
other subsidiary, Simpson Dura-Vent Company, Inc., designs, engineers
and manufactures venting systems for gas and wood burning appliances.
The Company's common stock trades on the New York Stock Exchange
under the symbol "SSD."
For further information, contact Barclay Simpson at 925-560-9032.
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