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Tag: Weyerhauser

Weyerhauser announces dividend increase

Weyerhauser, dividend, dividend increase

Weyerhaeuser Company recently announced that its board of directors have declared a dividend of US$0.34 per share on the common stock of the company, reflecting a 6.3 per cent increase from the prior quarterly dividend of US$0.32 per share. The dividend is payable in cash on September 28, 2018, to holders of record …

Weyerhauser reduces pension liabilities

Weyerhauser, pension liabilities

Weyerhaeuser Company recently announced they would be reducing the liabilities of its U.S. pension plan while maintaining the plan’s current funded status. First, Weyerhaeuser will offer select U.S. pension plan participants the opportunity to elect an immediate lump sum distribution. Distributions to those who elect to receive a lump …

Weyerhauser posts second quarter results

Weyerhauser, second quarter results

Weyerhaeuser Company recently reported their second quarter net earnings of US$317 million, or 42 cents per diluted share, on net sales of US$2.1 billion. This compares with earnings of US$24 million, or 3 cents per diluted share, on net sales of US$1.8 billion for the same period last year. Excluding …