SEATTLE, Feb. 13, 2025 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) as of late introduced that its board of administrators declared a quarterly bottom money dividend of $0.21 in step with proportion at the usual retain of the corporate, reflecting a 5 p.c build up from the prior quarterly dividend of $0.20 in step with proportion.

The dividend is payable in money on March 21, 2025, to holders of report of such usual retain as of the related of commercial on March 7, 2025.

“We’re pleased to announce this increase in our quarterly base dividend,” stated Devin W. Stockfish, president and government officer. “With today’s announcement, we have delivered on the commitment we set in 2021 to grow our sustainable base dividend by 5 percent annually through 2025. We continue to believe our dividend framework, combined with opportunistic share repurchase, will enhance our ability to drive long-term shareholder value by returning meaningful and appropriate amounts of cash back to shareholders across a variety of market conditions.” 

Underneath Weyerhaeuser’s money go back framework, the corporate expects to complement its quarterly bottom money dividend, as suitable, with an spare go back of variable money to reach a centered general go back to shareholders of 75 to 80 p.c of annual Adjusted Price range To be had for Distribution (Adjusted FAD). The corporate has the versatility in its capital allocation framework to go back this spare money within the method of a supplemental money dividend, opportunistic proportion repurchase, or a mix of the 2.

Adjusted FAD, a non-GAAP measure, is outlined through Weyerhaeuser as internet money from operations adjusted for capital expenditures and important non-recurring pieces.

ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the crucial international’s greatest personal homeowners of timberlands, started operations in 1900 and as of late owns or controls roughly 10.4 million acres of timberlands within the U.S., in addition to spare crowd timberlands controlled beneath long-term licenses in Canada. Weyerhaeuser has been an international chief in sustainability for greater than a century and manages 100% of its timberlands on a completely sustainable foundation in compliance with the world over known sustainable forestry requirements. Weyerhaeuser may be one of the crucial greatest producers of wood products in North The us and operates spare trade traces round product distribution, climate solutions, real estate, power and herbal assets, amongst others. In 2024, the corporate generated $7.1 billion in internet gross sales and hired roughly 9,400 crowd who handover shoppers international. Operated as an actual property funding believe, Weyerhaeuser’s usual retain trades at the Unused York Book Change beneath the logo WY. Be told extra at www.weyerhaeuser.com.

FORWARD-LOOKING STATEMENTS

This information shed accommodates statements throughout the which means of the Non-public Securities Litigation Reform Business of 1995, as amended, regarding the quantity, timing and incidence of generation quarterly and supplemental money dividends in addition to the corporate’s dividend framework and generation proportion repurchases. Ahead-looking statements are most often known through phrases equivalent to “expects” and “targeted,” references to occasions happening on specified generation dates and alternative phrases and expressions referencing generation occasions or occurrences. All forward-looking statements are in line with our tide expectancies and guesses and don’t seem to be promises of generation occasions or efficiency. The belief of our expectancies and the accuracy of our guesses are topic to quite a few dangers and uncertainties that might reason unedited effects to fluctuate materially from the ones described within the forward-looking statements. Those dangers and uncertainties come with, however don’t seem to be restricted to, the ones known in our Annual File on Method 10-Okay, in addition to the ones prepared forth from day to day in our alternative crowd statements, reviews, registration statements, prospectuses, data statements and alternative filings with the SEC, and alternative elements now not described herein or somewhere else as a result of they aren’t these days identified to us or as a result of we these days pass judgement on them to be immaterial.

It’s not conceivable to expect or determine all dangers and uncertainties that may impact the accuracy of our forward-looking statements and, because of this, our descriptions of such dangers and uncertainties will have to now not be thought to be exhaustive. Ahead-looking statements discuss most effective as of the future they’re made, and we adopt refuse legal responsibility to publicly replace or revise any forward-looking statements, whether or not as a result of unutilized data, generation occasions, or another way. Additionally integrated on this information shed are references to Adjusted FAD, which is a non-GAAP monetary measure. Adjusted FAD might not be similar to in a similar fashion named or captioned non-GAAP monetary measures of alternative corporations because of doable inconsistencies in how such measures are calculated. Adjusted FAD will have to now not be thought to be in isolation from, and isn’t meant to constitute an extra to, our GAAP effects.

For more info touch:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342

SOURCE Weyerhaeuser Corporate