Weyerhaeuser Company Declares Dividend

Published on Thursday, 09 February 2012 16:42 Written by TradersHuddle Staff

FEDERAL WAY, Wash., Feb. 9, 2012 /PRNewswire/ -- The Board of Directors of Weyerhaeuser Company (NYSE: WY) on February 9, 2012, declared a dividend of $0.15 per share on the common stock of the corporation payable March 15, 2012, to shareholders of record at the close of business March 1, 2012.

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Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage our timberland on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2011, we employed approximately 12,800 employees in 11 countries. We have customers worldwide and generated $6.2 billion in sales from continuing operations in 2011. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com.

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SOURCE Weyerhaeuser Company