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Weyerhaeuser Company Declares Dividend on Common Shares

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Weyerhaeuser (NYSE: WY) has declared a quarterly base cash dividend of $0.20 per share, payable on December 13, 2024, to shareholders of record as of November 29, 2024. The company maintains a cash return framework targeting 75-80% of annual Adjusted Funds Available for Distribution (Adjusted FAD) to shareholders. This framework allows flexibility to distribute additional returns through supplemental cash dividends or share repurchases. Adjusted FAD is calculated as net cash from operations minus capital expenditures and significant non-recurring items.

Weyerhaeuser (NYSE: WY) ha dichiarato un dividendo base in contante trimestrale di $0,20 per azione, che sarà pagato il 13 dicembre 2024 agli azionisti registrati al 29 novembre 2024. L'azienda mantiene un quadro di restituzione in contanti che mira a distribuire il 75-80% dei Fondi Regolati Disponibili per la Distribuzione annuali (FAD Regolati) agli azionisti. Questo schema consente flessibilità nel distribuire ritorni aggiuntivi attraverso dividendi in contante supplementari o riacquisti di azioni. Il FAD Regolati viene calcolato come il cash flow netto dalle operazioni meno le spese in conto capitale e voci non ricorrenti significative.

Weyerhaeuser (NYSE: WY) ha declarado un dividendo base en efectivo trimestral de $0.20 por acción, que se pagará el 13 de diciembre de 2024 a los accionistas registrados hasta el 29 de noviembre de 2024. La empresa mantiene un marco de retorno en efectivo que apunta al 75-80% de los Fondos Ajustados Disponibles para Distribución anuales (FAD Ajustados) a los accionistas. Este marco permite flexibilidad para distribuir retornos adicionales a través de dividendos en efectivo suplementarios o recompra de acciones. El FAD Ajustados se calcula como el flujo de caja neto de las operaciones menos los gastos de capital y elementos no recurrentes significativos.

웨이얼하우저 (NYSE: WY)는 주당 $0.20의 분기 현금 배당금을 선언했으며, 2024년 12월 13일에 2024년 11월 29일 기준 주주에게 지급됩니다. 회사는 주주에게 연간 조정 분배 가능 자금(조정 FAD)의 75-80%를 목표로 하는 현금 반환 프레임워크를 유지합니다. 이 프레임워크는 추가 배당금 또는 주식 매입을 통해 추가 수익을 분배할 수 있는 유연성을 제공합니다. 조정 FAD는 운영에서 발생한 순 현금에서 자본 지출과 중요한 비경상 항목을 뺀 값으로 계산됩니다.

Weyerhaeuser (NYSE: WY) a déclaré un dividende de base en espèces trimestriel de 0,20 $ par action, payable le 13 décembre 2024 aux actionnaires inscrits au 29 novembre 2024. L'entreprise maintient un cadre de retour sur les liquidités visant 75-80 % des Fonds Ajustés Disponibles pour Distribution annuels (FAD Ajustés) aux actionnaires. Ce cadre permet de la flexibilité pour distribuer des retours supplémentaires par le biais de dividendes en espèces supplémentaires ou de rachats d'actions. Le FAD Ajusté est calculé comme étant la trésorerie nette des opérations moins les dépenses d'investissement et les éléments non récurrents significatifs.

Weyerhaeuser (NYSE: WY) hat eine vierteljährliche Bar-Dividende von 0,20 $ pro Aktie erklärt, die am 13. Dezember 2024 an die Aktionäre, die am 29. November 2024 eingetragen sind, ausgezahlt wird. Das Unternehmen hält sich an einen Rahmen für Barrückflüsse, der auf 75-80% der jährlichen Adjustierte Mittel für die Ausschüttung (Adjustierte FAD) an die Aktionäre abzielt. Dieser Rahmen ermöglicht Flexibilität bei der Verteilung zusätzlicher Rückflüsse durch zusätzliche Bar-Dividenden oder Aktienrückkäufe. Die Adjustierte FAD wird berechnet, indem der Nettocashflow aus den Betrieben abzüglich der Investitionen und erheblicher nicht wiederkehrender Posten betrachtet wird.

Positive
  • Consistent quarterly base dividend payment of $0.20 per share
  • Strong shareholder return policy targeting 75-80% of Adjusted FAD
  • Flexible capital allocation framework allowing for additional returns through dividends or buybacks
Negative
  • None.

SEATTLE, Nov. 8, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the company, payable in cash on December 13, 2024, to holders of record of such common stock as of the close of business on November 29, 2024.

Under Weyerhaeuser's cash return framework, the company expects to supplement its quarterly base cash dividend, as appropriate, with an additional return of variable cash to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD). The company has the flexibility in its capital allocation framework to return this additional cash in the form of a supplemental cash dividend, opportunistic share repurchase, or a combination of the two.

Adjusted FAD, a non-GAAP measure, is defined by Weyerhaeuser as net cash from operations adjusted for capital expenditures and significant non-recurring items.

ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls approximately 10.5 million acres of timberlands in the U.S., as well as 14 million acres of timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around real estate, climate solutions, energy and natural resources, among others. In 2023, the company generated $7.7 billion in net sales and employed approximately 9,300 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

FORWARD-LOOKING STATEMENTS

This news release contains statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, concerning the amount, timing and occurrence of future quarterly and supplemental cash dividends as well as the company's dividend framework and future share repurchases. Forward-looking statements are generally identified by words such as "expects" and "targeted," references to events occurring on specified future dates and other words and expressions referencing future events or occurrences. All forward-looking statements are based on our current expectations and assumptions and are not guarantees of future events or performance. The realization of our expectations and the accuracy of our assumptions are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, those identified in our 2023 Annual Report on Form 10-K, as well as those set forth from time to time in our other public statements, reports, registration statements, prospectuses, information statements and other filings with the SEC, and other factors not described therein or elsewhere because they are not currently known to us or because we currently judge them to be immaterial.

It is not possible to predict or identify all risks and uncertainties that might affect the accuracy of our forward-looking statements and, consequently, our descriptions of such risks and uncertainties should not be considered exhaustive. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Also included in this news release are references to Adjusted FAD, which is a non-GAAP financial measure. Adjusted FAD may not be comparable to similarly named or captioned non-GAAP financial measures of other companies due to potential inconsistencies in how such measures are calculated. Adjusted FAD should not be considered in isolation from, and is not intended to represent an alternative to, our GAAP results.

For more information contact:
AnalystsAndy Taylor, 206-539-3907
MediaNancy Thompson, 919-861-0342

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SOURCE Weyerhaeuser Company

FAQ

When will Weyerhaeuser (WY) pay its next dividend?

Weyerhaeuser will pay its quarterly dividend of $0.20 per share on December 13, 2024.

What is the dividend record date for Weyerhaeuser (WY)?

The dividend record date is November 29, 2024.

What is Weyerhaeuser's (WY) target shareholder return percentage?

Weyerhaeuser targets a total shareholder return of 75-80% of annual Adjusted Funds Available for Distribution (Adjusted FAD).

How does Weyerhaeuser (WY) return additional cash to shareholders?

Weyerhaeuser can return additional cash through supplemental cash dividends, opportunistic share repurchases, or a combination of both.

Weyerhaeuser Company

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