SEATTLE, Jan. 16,
2024 /PRNewswire/ -- For shareholders of Weyerhaeuser
Company (NYSE: WY), the 2023 distributions on the Common Stock
CUSIP 96216610 traded under the symbol WY totaling $1.66 per share are designated for income tax
purposes as follows:
2023 Dividend Tax Reporting Information (Form
1099-DIV)
Record
Date
|
Payable
Date
|
Cash
Distribution
per Share
|
Capital Gain
Distribution (1)
|
Qualified
Dividend
|
Nondividend
Distribution
|
02/15/2023
|
02/27/2023
|
$0.900000
|
$0.900000
|
$0.000000
|
$0.000000
|
03/03/2023
|
03/17/2023
|
$0.190000
|
$0.190000
|
$0.000000
|
$0.000000
|
06/02/2023
|
06/16/2023
|
$0.190000
|
$0.190000
|
$0.000000
|
$0.000000
|
09/01/2023
|
09/15/2023
|
$0.190000
|
$0.190000
|
$0.000000
|
$0.000000
|
12/01/2023
|
12/15/2023
|
$0.190000
|
$0.190000
|
$0.000000
|
$0.000000
|
|
Totals
|
$1.660000
|
$1.660000
|
$0.000000
|
$0.000000
|
The company's tax return has not been filed for the year ended
December 31, 2023. The dividend
income tax allocations presented herein have been calculated using
the best available information to date and could change upon the
filing of the company's tax return.
The company's 2023 distributions are designated as capital gain
distributions. As a result, the distributions are not eligible for
the 20 percent qualified business income deduction under section
199A of the Internal Revenue Code.
Shareholders are encouraged to consult their tax advisor to
determine the specific effect these distributions may have on their
individual tax situation.
(1) For the purposes of section 1061 of the Internal
Revenue Code, the company is disclosing that both the One Year and
Three Year amounts are $0.00/share.
Section 1061 is generally applicable to direct and indirect holders
of "applicable partnership interests."
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the
world's largest private owners of timberlands, began operations in
1900. We own or control approximately 11 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 in North America. Our company is a real estate
investment trust. In 2022, we generated $10.2 billion in net sales and employed
approximately 9,200 people who serve customers worldwide. Our
common stock trades on the New York Stock Exchange under the symbol
WY. Learn more at www.weyerhaeuser.com.
For more information contact:
Analysts –
Andy Taylor, 206-539-3907
Media – Nancy Thompson,
919-861-0342
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SOURCE Weyerhaeuser Company