Feb 04, 2008. /Lesprom Network/. The Board of Directors of Temple-Inland declared a regular quarterly dividend of $0.10 per common share, payable March 14, 2008, to shareholders of record February 29, 2008. Doyle R. Simons, chairman and CEO, commenting on the dividend said, “We completed the transformation plan on December 28, 2007, which included spinning off Forestar Real Estate Group and Guaranty Financial Group, selling our timberlands and paying a $10.25 per share special dividend to our shareholders. As a result of the transformation plan, we are adjusting our quarterly dividend to $0.10 per common share. We are committed to provide value to our shareholders and understand the importance of the payment of a dividend.” Temple-Inland is a manufacturing company focused on corrugated packaging and building products. The fully integrated corrugated packaging operation consists of 5 linerboard mills and 1 corrugated medium mill, which produce 3.5 million tons of containerboard per year, and 64 converting facilities, which produce 3.6 million tons of corrugated packaging per year.