Nov 09, 2012. /Lesprom Network/. The Board of Directors of Stella-Jones Inc. is pleased to announce that a quarterly dividend of $0.16 per share has been declared on the outstanding common shares of the Corporation, payable on December 20, 2012 to shareholders of record at the close of business on December 3, 2012. This dividend is designated to be an eligible dividend, as the company said in the press release received by Lesprom Network. Stella-Jones Inc. is a leading producer and marketer of pressure treated wood products. The Company supplies North America''s railroad operators with railway ties, timbers and recycling services; and the continent''s electrical utilities and telecommunications companies with utility poles. Stella-Jones also provides industrial products and services for construction and marine applications, as well as residential lumber to retailers and wholesalers for outdoor applications. The Company''s common shares are listed on the Toronto Stock Exchange.