On January 26, 2023, Weyerhaeuser (WY) declared a special cash dividend of $0.90 per share. The regular quarterly dividend is $0.18 per share for WY. The special dividend will be paid on February 27, 2023 and the ex-dividend date is February 14, 2023. The regular annual dividend for WY yields 2.1% at a stock price of $34.32.
Weyerhaeuser Company is a real estate investment trust. The company is one of the world's largest private owners of timberlands. WY owns or controlsl millions of acres of timberlands in the U.S., and manages additional timberlands under long-term licenses in Canada. The company manages these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products.