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Weyerhaeuser Company Declares Dividend on Common Shares

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Weyerhaeuser Company (NYSE: WY) has announced a quarterly base cash dividend of $0.20 per share on its common stock. The dividend will be paid on September 13, 2024, to shareholders of record as of August 30, 2024. This aligns with Weyerhaeuser's cash return framework, which aims to provide a total shareholder return of 75-80% of annual Adjusted Funds Available for Distribution (Adjusted FAD).

The company maintains flexibility to supplement this base dividend with additional variable cash returns, either through supplemental dividends or share repurchases. Adjusted FAD, a non-GAAP measure, is defined as net cash from operations adjusted for capital expenditures and significant non-recurring items.

Weyerhaeuser Company (NYSE: WY) ha annunciato un dividendo in contante base trimestrale di $0,20 per azione sul proprio capitale ordinario. Il dividendo sarà pagato il 13 settembre 2024 agli azionisti registrati al 30 agosto 2024. Questo è in linea con il framework di ritorno di cassa di Weyerhaeuser, che mira a fornire un ritorno totale per gli azionisti del 75-80% dei Fondi Annuali Regolati Disponibili per Distribuzione (FAD Regolata).

L'azienda mantiene la flessibilità di integrare questo dividendo base con ulteriori ritorni in contante variabili, sia attraverso dividendi supplementari che riacquisti di azioni. Il FAD Regolato, una misura non-GAAP, è definito come il flusso di cassa netto dalle operazioni, rettificato per spese in conto capitale e voci significative non ricorrenti.

La empresa Weyerhaeuser Company (NYSE: WY) ha anunciado un dividendo en efectivo base trimestral de $0.20 por acción sobre sus acciones ordinarias. El dividendo se pagará el 13 de septiembre de 2024 a los accionistas registrados hasta el 30 de agosto de 2024. Esto está alineado con el marco de retorno de efectivo de Weyerhaeuser, que tiene como objetivo proporcionar un retorno total para los accionistas del 75-80% de los Fondos Ajustados Disponibles para Distribución (FAD Ajustados) anuales.

La empresa mantiene la flexibilidad para complementar este dividendo base con retornos en efectivo variables adicionales, ya sea a través de dividendos suplementarios o recompra de acciones. El FAD Ajustado, una medida no GAAP, se define como el flujo de efectivo neto de las operaciones ajustado por gastos de capital y elementos significativos no recurrentes.

웨이어하이저 컴퍼니(Weyerhaeuser Company, NYSE: WY)는 보통주에 대해 주당 $0.20의 분기 기본 현금 배당금을 발표했습니다. 배당금은 2024년 9월 13일에 지급되며, 2024년 8월 30일 기준으로 주주에게 지급됩니다. 이는 웨이어하이저의 현금 반환 구조와 일치하며, 연간 조정 가용 자금 배당금(Adjusted FAD)의 총 주주 수익률 75-80%을 제공하는 것을 목표로 하고 있습니다.

회사는 이 기본 배당금을 추가 변동 현금 반환으로 보충할 수 있는 유연성을 유지하고 있습니다. 이는 보충 배당금 또는 자사주 매입을 통해 이루어질 수 있습니다. 조정된 FAD는 비 GAAP 지표로, 자본 지출 및 중요한 일회성 항목에 대해 조정된 운영에서의 순 현금 흐름으로 정의됩니다.

La société Weyerhaeuser Company (NYSE: WY) a annoncé un dividende en espèces de base trimestriel de 0,20 $ par action sur ses actions ordinaires. Le dividende sera payé le 13 septembre 2024 aux actionnaires enregistrés au 30 août 2024. Cela est en accord avec le cadre de retour de trésorerie de Weyerhaeuser, qui vise à fournir un retour total pour les actionnaires de 75-80% des Fonds Ajustés Disponibles pour Distribution (FAD Ajustés) annuels.

L'entreprise conserve la flexibilité d'ajouter à ce dividende de base des retours en espèces variables supplémentaires, soit par des dividendes supplémentaires, soit par des rachats d'actions. Le FAD Ajusté, une mesure non GAAP, est défini comme le flux de trésorerie net des opérations, ajusté pour les dépenses en capital et les éléments significatifs non récurrents.

Die Weyerhaeuser Company (NYSE: WY) hat eine vierteljährliche Basis-Bardividende von $0,20 pro Aktie auf ihre Stammaktien angekündigt. Die Dividende wird am 13. September 2024 an die Aktionäre ausgezahlt, die bis zum 30. August 2024 registriert sind. Dies steht im Einklang mit dem Cash-Rückgabemodell von Weyerhaeuser, das darauf abzielt, eine gesamt Aktionärsrendite von 75-80% der jährlichen angepassten verfügbaren Mittel für die Ausschüttung (Adjusted FAD) zu bieten.

Das Unternehmen behält sich die Flexibilität vor, diese Basisdividende durch zusätzliche variable Barzahlungen zu ergänzen, entweder durch Sonderdividenden oder Aktienrückkäufe. Adjusted FAD, eine nicht GAAP-Messgröße, wird als Nettobargeld aus dem operativen Geschäft definiert, das um Investitionsausgaben und signifikante nicht wiederkehrende Posten bereinigt ist.

Positive
  • Consistent quarterly base cash dividend of $0.20 per share
  • Commitment to high shareholder returns (75-80% of Adjusted FAD)
  • Flexibility in capital allocation for additional cash returns
Negative
  • None.

SEATTLE, Aug. 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 September 13, 2024, to holders of record of such common stock as of the close of business on August 30, 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 either in the form of a supplemental cash dividend or through opportunistic share repurchase.

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 concerning the company's expectations about 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" and similar words and expressions referencing future events. Forward-looking statements are based on our current expectations and assumptions, the accuracy of which 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.

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:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342

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SOURCE Weyerhaeuser Company

FAQ

When will Weyerhaeuser (WY) pay its next dividend?

Weyerhaeuser (WY) will pay its next quarterly dividend on September 13, 2024, to shareholders of record as of August 30, 2024.

What is the amount of Weyerhaeuser's (WY) quarterly base cash dividend?

Weyerhaeuser's (WY) quarterly base cash dividend is $0.20 per share on the common stock.

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

Weyerhaeuser (WY) targets a total shareholder return of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD).

How does Weyerhaeuser (WY) plan to supplement its base dividend?

Weyerhaeuser (WY) may supplement its base dividend with additional variable cash returns, either through supplemental cash dividends or opportunistic share repurchases.

Weyerhaeuser Company

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