SEATTLE, Jan. 16, 2018 /PRNewswire/ -- For
shareholders of Weyerhaeuser Company (NYSE: WY), the 2017 dividend
distributions totaling $1.25 per
share on the Common Stock CUSIP 96216610 traded under the symbol WY
are classified for income tax purposes as Capital Gain
Distributions treated as long-term capital gain. The common share
dividends were paid quarterly as follows: $0.31 on March 17,
2017; $0.31 on June 23, 2017; $0.31 on September 22,
2017; and $0.32 on
December 15, 2017.
The Company will make supplemental information related to the
tax treatment of its 2017 distributions, including alternative
minimum tax (AMT) adjustments, available on its website no
later than January 30, 2018. The
Company expects that a nominal AMT adjustment will be apportioned
to shareholders for 2017.
Shareholders are encouraged to consult their tax advisor to
determine the specific effect these distributions may have on their
individual tax situation.
About Weyerhaeuser
Weyerhaeuser Company, one of the
world's largest private owners of timberlands, began operations in
1900. We own or control nearly 13 million acres of timberlands 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 products. Our company is a real
estate investment trust. In February
2016, we merged with Plum Creek Timber Company, Inc. In
2016, we generated approximately $6.4
billion in net sales and employed nearly 10,400 who serve
customers worldwide. We are listed on the North American and World
Dow Jones Sustainability Indices. 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 –
Anthony Chavez, 206-539-4406
Analysts – Beth Baum,
206-539-4450
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SOURCE Weyerhaeuser Company