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Replies to #643 on insane dividends
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wzebra33

04/24/11 8:44 AM

#644 RE: wzebra33 #643

Moscow. Apr 22, 2011. /Lesprom Network/. Boise Inc. announced a special cash dividend of $0.40 per common share, payable May 13, 2011, to shareholders of record at the close of business on May 4, 2011.

"This special cash dividend is consistent with our stated intention to opportunistically return capital to our shareholders," said Alexander Toeldte, President and CEO of Boise Inc.

Boise Inc. manufactures paper and packaging products, including imaging papers for the office and home, printing and converting papers, label and release and flexible packaging papers, corrugated containers, containerboard, newsprint, and market pulp.