Norbord Inc. declared a quarterly variable dividend of CAD 0.60 per common share, payable on December 21, 2020 to shareholders of record on December 1, 2020. Consistent with Norbord's variable dividend policy and historically balanced approach to capital allocation, the dividend is being increased from the prior quarter's level of CAD 0.30 per common share to reflect the Company's record financial results and improving end-market demand.