Doman Building Materials Group to Pay 66th Consecutive Quarterly Dividend

Doman Building Materials Group Ltd., a leading distributor in the building materials sector, has announced its 66th consecutive quarterly dividend. The dividend, set at $0.14 per share, will be paid on October 15, 2026, to shareholders of record as of September 29, 2026.

Founded in 1989, Doman Building Materials Group Ltd. is headquartered in Vancouver, British Columbia, and trades on the Toronto Stock Exchange under the symbol DBM. The company operates across Canada and the United States, serving as a premier distributor in the building materials and related products sector.

Doman's operations are spread across several distinct divisions, each serving different regions and markets. In Canada, the company operates distribution centres coast-to-coast, while Doman Treated Wood Canada manages multiple treating plants near major cities. In the United States, Doman Lumber, headquartered in Dallas, Texas, operates 21 treating plants, two specialty planing mills, and five specialty sawmills in nine states, focusing on the central U.S. market. Doman Tucker Lumber, based in the U.S. east coast, operates three treating plants, specialty sawmilling operations, and a captive trucking fleet. Doman Building Materials USA and Doman Treated Wood USA serve the U.S. west coast, with multiple locations in California and Oregon. Additionally, the Honsador Building Products Group, based in Hawaii, services 15 locations across all the islands.

Doman's commitment to its shareholders is evident in its consistent dividend payments. The company's board of directors has declared this dividend, marking a significant milestone in the company's financial stability and growth. Dividend payments are a key indicator of a company's financial health and its ability to generate consistent earnings, which is particularly noteworthy for Doman's long-standing commitment to its shareholders.

The dividend payment is part of Doman's broader strategy to maintain a strong financial position and provide value to its shareholders. The company's operations are strategically located across Canada and the United States, ensuring efficient distribution and service to its customers. Doman's diverse portfolio of products and services, including lumber, treated wood, and building materials, positions the company well to meet the evolving needs of the construction industry.

In conclusion, Doman Building Materials Group Ltd.'s 66th consecutive quarterly dividend underscores the company's financial strength and its dedication to rewarding shareholders. This consistent dividend payment is a testament to the company's successful operations and its commitment to long-term growth and stability.