STOCK TITAN

West Fraser Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

West Fraser Timber (TSX and NYSE: WFG) has announced a quarterly dividend of US$0.32 per share on both Common shares and Class B Common shares. The dividend will be payable on January 14, 2025 to shareholders of record as of December 27, 2024. The dividends are designated as eligible dividends under Canadian tax legislation and will be paid in U.S. dollars, though shareholders have the option to elect receiving payments in Canadian dollars.

West Fraser Timber (TSX e NYSE: WFG) ha annunciato un dividendo trimestrale di 0,32 USD per azione sia per le azioni ordinarie che per le azioni di classe B. Il dividendo sarà pagabile il 14 gennaio 2025 agli azionisti registrati al 27 dicembre 2024. I dividendi sono designati come dividendi idonei ai sensi della legislazione fiscale canadese e saranno pagati in dollari statunitensi, sebbene gli azionisti abbiano la possibilità di scegliere di ricevere i pagamenti in dollari canadesi.

West Fraser Timber (TSX y NYSE: WFG) ha anunciado un dividendo trimestral de 0,32 USD por acción tanto para acciones comunes como para acciones comunes de clase B. El dividendo será pagadero el 14 de enero de 2025 para los accionistas registrados al 27 de diciembre de 2024. Los dividendos están designados como dividendos elegibles bajo la legislación fiscal canadiense y se pagarán en dólares estadounidenses, aunque los accionistas tienen la opción de elegir recibir pagos en dólares canadienses.

웨스트 프레이저 타이머 (TSX 및 NYSE: WFG)가 주간 배당금으로 주당 0.32달러를 발표했습니다. 이 배당금은 보통주와 클래스 B 보통주 모두에 적용됩니다. 배당금은 2025년 1월 14일에 지급되며, 2024년 12월 27일 기준의 주주에게 지급됩니다. 배당금은 캐나다 세법에 따라 적격 배당금으로 지정되며, 미국 달러로 지급되지만, 주주는 캐나다 달러로 지급받기를 선택할 수 있는 옵션이 있습니다.

West Fraser Timber (TSX et NYSE : WFG) a annoncé un dividende trimestriel de 0,32 USD par action sur les actions ordinaires et les actions ordinaires de classe B. Le dividende sera payable le 14 janvier 2025 aux actionnaires enregistrés au 27 décembre 2024. Les dividendes sont considérés comme des dividendes admissibles selon la législation fiscale canadienne et seront payés en dollars américains, bien que les actionnaires aient la possibilité de choisir de recevoir les paiements en dollars canadiens.

West Fraser Timber (TSX und NYSE: WFG) hat eine vierteljährliche Dividende von 0,32 USD pro Aktie für sowohl Stammaktien als auch Klasse-B-Stammaktien angekündigt. Die Dividende wird am 14. Januar 2025 an die Aktionäre ausgezahlt, die am 27. Dezember 2024 eingetragen sind. Die Dividenden sind gemäß kanadischer Steuergesetzgebung als berechtigte Dividenden gekennzeichnet und werden in US-Dollar ausgezahlt, obwohl Aktionäre die Möglichkeit haben, die Zahlungen in kanadischen Dollar zu wählen.

Positive
  • Consistent quarterly dividend payment maintained at US$0.32 per share
  • Company maintains financial stability to support dividend distributions
  • Flexibility offered to shareholders with option for payment in CAD or USD
Negative
  • None.

VANCOUVER, BC, Dec. 11, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at www.westfraser.com in the "Investors/Stock Information/Dividends" section.

About West Fraser

West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers, tissue, and box materials. For more information about West Fraser, visit: westfraser.com.

Cision View original content:https://www.prnewswire.com/news-releases/west-fraser-declares-dividend-302329466.html

SOURCE West Fraser Timber Co. Ltd.

FAQ

What is West Fraser's (WFG) dividend amount for Q1 2025?

West Fraser's dividend for Q1 2025 is US$0.32 per share for both Common shares and Class B Common shares.

When is the payment date for West Fraser's (WFG) latest dividend?

The dividend payment date is January 14, 2025.

What is the record date for West Fraser's (WFG) Q1 2025 dividend?

The record date for the dividend is December 27, 2024.

Can West Fraser (WFG) shareholders receive dividends in Canadian dollars?

Yes, while dividends are declared and payable in U.S. dollars, shareholders can elect to receive their dividends in Canadian dollars.

Are West Fraser's (WFG) dividends considered eligible dividends for Canadian tax purposes?

Yes, the dividends are designated as eligible dividends pursuant to Canadian tax legislation.

West Fraser Timber Co. Ltd

NYSE:WFG

WFG Rankings

WFG Latest News

WFG Stock Data

6.85B
51.66M
33.73%
47.71%
0.82%
Lumber & Wood Production
Basic Materials
Link
United States of America
Vancouver