Mr. Mirko Papuga reports
PFB CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND
The board of directors of PFB Corp. has approved the payment of a regular quarterly dividend of 10 cents per common share. The regular quarterly dividend will be paid on Feb. 26, 2021, to shareholders of record on Feb. 12, 2021.
PFB has two operating subsidiaries, Plasti-Fab Ltd. that operates in Canada and PFB America Corp. that operates in the United States. The Canadian segment primarily derives its revenues from the sale of expanded polystyrene foam products, which it manufactures at its facilities in Canada. The U.S. segment primarily derives its revenues from the sale of EPS foam products, customized log and timber structures made at its facilities in the United States, which typically include design and installation services that together provide the basis for a bundled sale of its manufactured products. Both segments develop, manufacture and market insulation building products and technologies based on expanded polystyrene technology that, when used as components of a building envelope, enables residential and commercial structures to be highly energy-efficient. PFB is also an expert in engineered geotechnical applications of its products. PFB building products are used in both new and renovation markets in residential, commercial and industrial projects.
PFB is listed for trading on the Toronto Stock Exchange, symbol PFB.
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