Weyerhaeuser Company (NYSE:WY) announced a quarterly dividend of $0.21 per share, payable on March 20 to shareholders of record on March 10, resulting in a 3.1% yield. While the company has increased its dividend consistently, its high payout ratio of 91.3% (projected 86.6% next year) and a recent -$0.09 EPS quarter with declining revenue suggest potential challenges if earnings further deteriorate. Institutional investors have been adjusting their holdings, with several boosting their stakes in Weyerhaeuser.
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Weyerhaeuser Company (NYSE:WY) to Issue Quarterly Dividend of $0.21
Weyerhaeuser Company (NYSE:WY) announced a quarterly dividend of $0.21 per share, payable on March 20 to shareholders of record on March 10, resulting in a 3.1% yield. While the company has increased its dividend consistently, its high payout ratio of 91.3% (projected 86.6% next year) and a recent -$0.09 EPS quarter with declining revenue suggest potential challenges if earnings further deteriorate. Institutional investors have been adjusting their holdings, with several boosting their stakes in Weyerhaeuser.