tiprankstipranks
West Fraser Timber Co. Declares Quarterly Dividend
Company Announcements

West Fraser Timber Co. Declares Quarterly Dividend

Story Highlights
  • West Fraser Timber Co. announced a quarterly dividend of US$0.32 per share.
  • The dividend declaration underscores West Fraser’s financial stability and shareholder commitment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Pick the best stocks and maximize your portfolio:

An announcement from West Fraser Timber Co ( (TSE:WFG) ) is now available.

West Fraser Timber Co. Ltd. has announced a quarterly dividend of US$0.32 per share for its Common and Class B Common shares, with payment scheduled for January 14, 2025. This declaration reflects the company’s financial stability and commitment to providing returns to its shareholders, potentially bolstering its market position and appealing to investors seeking dividend income.

More about West Fraser Timber Co

West Fraser is a diversified wood products company with over 60 facilities across Canada, the United States, the United Kingdom, and Europe, committed to sustainable forest practices. It produces lumber, engineered wood products, pulp, newsprint, wood chips, other residuals, and renewable energy, serving industries such as home construction, repair, remodeling, and industrial applications.

YTD Price Performance: 9.33%

Average Trading Volume: 150,605

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.43B

For an in-depth examination of WFG stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyWest Fraser Timber price target raised to $120 from $100 at Scotiabank
TipRanks Auto-Generated NewsdeskWest Fraser Timber Faces Sales Decline in 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App