Tree Island Steel Declares Quarterly Dividend for Shareholders

Tree Island Steel Declares Exciting Quarterly Dividend
Tree Island Steel Ltd. (“Tree Island” or the “Company”) (TSX: TSL) has some great news for its shareholders! The Board of Directors has officially declared a quarterly dividend of $0.015 per share. This is a wonderful opportunity for investors as the dividend reflects the Company’s ongoing success and commitment to its shareholders.
Dividend Details and Important Dates
Shareholders can expect to receive the dividend on October 15. Be sure to have your shares accounted for by the close of business on September 29 to be eligible for this exciting payout.
Understanding Tree Island Steel's Operations
Founded in 1964 and situated in Richmond, British Columbia, Tree Island Steel operates manufacturing facilities across Canada and the United States. The Company is well-known for producing a variety of wire products, catering to diverse industrial and residential construction needs.
Wide Range of Products
Tree Island Steel’s product lineup includes galvanized wire, bright wire, and an extensive selection of fasteners such as packaged, collated, and bulk nails. Additionally, they provide stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products, serving multiple sectors including agricultural applications.
The Tree Island Steel Brand Portfolio
Tree Island Steel markets its extensive range of products under well-recognized brand names, including Tree Island®, Halsteel®, K-Lath®, TI Wire®, Tough Strand®, and ToughPanel™. This diverse branding illustrates the Company’s commitment to quality and variety, catering to the varied needs of its customers.
Commitment to Innovation and Quality
With a rich history and dedication to innovation, Tree Island Steel continues to invest in product development and quality improvement. This commitment ensures clients receive the best products tailored for their projects, fostering long-term partnerships and customer satisfaction.
Contact Information for More Details
If you’re looking for more detailed information about Tree Island Steel’s operations, products, or the recent dividend announcement, Ali Mahdavi, who heads Investor Relations & Capital Markets, would be the perfect contact. You can reach Ali at (416) 962-3300 or via email at amahdavi@treeisland.com. Additionally, exploring the Company’s website at www.treeisland.com will provide insightful resources and updates.
Frequently Asked Questions
What is the amount of the declared dividend by Tree Island Steel?
The declared quarterly dividend is $0.015 per share.
When will the dividend be paid?
The dividend will be paid on October 15.
Who is eligible to receive the dividend?
Shareholders who own shares by the close of business on September 29 will be eligible for the dividend.
What types of products does Tree Island Steel manufacture?
Tree Island Steel manufactures wire products for various applications, including construction, agriculture, and industrial uses.
How can I contact Tree Island Steel for more information?
You can contact Ali Mahdavi in Investor Relations & Capital Markets at (416) 962-3300 or via email at amahdavi@treeisland.com.
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