8 Best Lumber Stocks to Buy According to Hedge Funds

3. Boise Cascade Company (NYSE:BCC)

Number of Hedge Fund Holders: 36

Boise Cascade Company (NYSE:BCC) is one of the best lumber stocks to buy according to hedge funds. On July 31, Boise Cascade Company (NYSE:BCC) reported that its Board of Directors announced a quarterly dividend of $0.22 per share to common stockholders.

This dividend payment represents an increase of 5% or $0.01 per share. Boise Cascade Company (NYSE:BCC) will pay this quarterly dividend on September 17, 2025, to holders of its common stock of record as of September 2, 2025.

In the first six months of 2025, Boise Cascade Company (NYSE:BCC) also spent $86 million to repurchase 837,352 shares of its common stock. In July 2025, the company repurchased another 117,000 shares of its common stock for about $10 million.

After these repurchases, the company still has about 850,000 shares left to buy under its current share repurchase program.

Boise Cascade Company (NYSE:BCC) is one of the leading producers of engineered wood products and plywood in North America. It is also a major wholesale distributor of building materials in the US.