Weyerhaeuser Company Declares Regular Quarterly Dividend of 5 Cents

The board of directors of Weyerhaeuser Company WY today declared a regular quarterly dividend of five cents per share on the common stock of the corporation. The dividend is payable Nov. 5 to shareholders of record at the close of business Dec. 1. The dividend returns $27 million to shareholders, an increase from the $11 million previously paid to shareholders the past several quarters. The dividend is payable on the company's current share count of 536 million shares compared with 212 million shares in the prior quarters. The share count increased with the special dividend payment on Sept. 1.