Weyerhaeuser raises dividend by 6% to $0.19

• Weyerhaeuser (NYSE:WY) declares $0.19/share quarterly dividend, 5.6% increase from prior dividend of $0.18.
• Forward yield 2.25%
• Payable March 17; for shareholders of record March 3; ex-div March 2.
• See WY Dividend Scorecard, Yield Chart, & Dividend Growth.

Comments

[Keypounder52]

WY owns a lot of stuff.
Stuff is worth money.

[Fairways and Greens]

Slow and steady wins the race. Happy with the increase and have owned WY since 2019. Will continue to add on any weakness.

[ISTJ Investor]

The policy of annual special dividends means the yield is actually considerably higher.

[jarratta]

@ISTJ Investor Agreed. I think WY's divvy policy (fixed base, coupled w/variable special) should be the standard for all commodity business. It gives holders a base yield with upside base on mkt conditions.

[Carl Icahn]

@jarratta i think it should be standard for virtually all companies with any sort of cyclical business!

[user 735]

I love this company.

[Baff]

Buy land. They're not making any more of it.

[jarratta]

@Baff especially if you can monetize it as a carbon sink! This product may become more valuable to WH in coming years.

[createcapatal]

@jarratta is a sapling stand worth the same as a saw timber stand, in terms of the price you can sell carbon credits for?

[user 735]

@createcapatal That is a great question. However, WY has been managing its forests on a sustainable basis for many years. The saplings are planted in rotation with a multi-year cycle of growth. I don't fully understand the cyclical nature of this business but the current management does. To determine the current value of a stand of saplings, one must look at the future growth to when the saplings are at harvesting size and age. With so many millions of acres of forest, the company has a lot of these sapling stands at any given time. I am confident that these acres are managed appropriately to maximize sustainability and profitability. The carbon credit program is just icing on the cake. It is nice to have but the company can survive and flourish quite well without it.