Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Weyerhaeuser Announces 10 Percent Dividend Increase on Common Shares - Ink World Magazine

What are you searching for?

Sign in
Industry News

Weyerhaeuser Announces 10 Percent Dividend Increase on Common Shares

Board also declares dividend on mandatory convertible preference shares

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Weyerhaeuser Company announced its board of directors has authorized a 10% increase in the company’s quarterly dividend on its Common Shares, from $0.20 per share to $0.22 per share. The board declared a dividend of $0.22 per share on the common stock of the company, payable in cash on Sept. 13, 2013, to holders of record of such common shares at the close of business on Aug. 30, 2013.

Additionally, the company’s board of directors has declared a dividend of $0.8588 per share on the company’s 6.375% mandatory convertible preference shares, Series A, which will be payable in cash on Oct. 1, 2013 to holders of record of such mandatory convertible preference shares at the close of business on Sept. 15, 2013.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters