Does James Hardie pay a dividend?
James Hardie no longer manufactures building products containing asbestos, having completely phased out the use of asbestos fibers in its manufacturing processes by the mid-1980s. Following widespread public health concerns, litigation, and regulatory mandates regarding the severe health hazards associated with asbestos exposure, the company transitioned entirely to fiber-cement technology utilizing cellulose fibers. However, legacy asbestos-containing products installed in older residential and commercial structures decades ago still exist, and the corporation continues to manage historical liability trust funds established to compensate individuals suffering from asbestos-related illnesses.
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