SEATTLE, Oct. 14, 2016 /PRNewswire/ -- Weyerhaeuser
Company (NYSE: WY) today announced that its board of directors
declared a dividend of $0.31 per
share on the common stock of the company, payable in cash on
November 18, 2016 to holders of
record of such common stock as of the close of business on
October 28, 2016.
About Weyerhaeuser
Weyerhaeuser Company, one of the
world's largest private owners of timberlands, began operations in
1900. We own or control more than 13 million acres of timberlands,
primarily in the U.S., and manage additional timberlands under
long-term licenses in Canada. We
manage these timberlands on a sustainable basis in compliance with
internationally recognized forestry standards. We are also one of
the largest manufacturers of wood and cellulose fibers products.
Our company is a real estate investment trust. In February 2016, we merged with Plum Creek Timber
Company, Inc. In 2015, Weyerhaeuser and Plum Creek, on a
combined basis, generated approximately $8.5
billion in net sales and employed nearly 14 thousand people
who serve customers worldwide. We are listed on the Dow Jones World
Sustainability Index. Our common stock trades on the New York Stock
Exchange under the symbol WY. Learn more at
www.weyerhaeuser.com.
For more information contact:
Media – Kate
Tate, 206-539-4420
Analysts – Beth Baum, 206-539-4450
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SOURCE Weyerhaeuser Company