West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.
West Fraser Timber Dividend Announcement
• West Fraser Timber announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-26
• West Fraser Timber annual dividend for 2024 was $0.94
• West Fraser Timber annual dividend for 2023 was $1.20
• West Fraser Timber's trailing twelve-month (TTM) dividend yield is 1.34%
• West Fraser Timber's payout ratio for the trailing twelve months (TTM) is -104.79%
• West Fraser Timber's dividend growth over the last five years (2018-2023) was 17.75% year
• West Fraser Timber's dividend growth over the last ten years (2013-2023) was 16.22% year
West Fraser Timber Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | $0.32 | quarterly | 2024-10-11 |
2024-06-26 | $0.32 | quarterly | 2024-07-12 |
2024-03-14 | $0.30 | quarterly | 2024-04-04 |
2023-12-28 | $0.30 | quarterly | 2024-01-15 |
2023-09-26 | $0.30 | quarterly | 2023-10-13 |
2023-06-20 | $0.30 | quarterly | 2023-07-07 |
2023-03-16 | $0.30 | quarterly | 2023-04-04 |
2022-12-29 | $0.30 | quarterly | 2023-01-13 |
2022-09-21 | $0.30 | quarterly | 2022-10-07 |
2022-06-21 | $0.30 | quarterly | 2022-07-08 |
2022-03-17 | $0.25 | quarterly | 2022-04-05 |
2021-12-23 | $0.16 | quarterly | 2022-01-11 |
2021-09-22 | $0.20 | quarterly | 2021-10-05 |
2021-06-18 | $0.21 | quarterly | 2021-07-06 |
2021-03-17 | $0.16 | quarterly | 2021-04-01 |
2020-12-24 | $0.16 | quarterly | 2021-01-12 |
2020-09-29 | $0.15 | quarterly | 2020-10-14 |
2020-07-06 | $0.15 | quarterly | 2020-07-15 |
2019-12-24 | $0.15 | quarterly | 2020-01-10 |
2019-09-27 | $0.15 | quarterly | 2019-10-10 |
2019-06-25 | $0.15 | quarterly | 2019-07-17 |
2019-03-15 | $0.15 | quarterly | 2019-04-01 |
2018-12-24 | $0.15 | quarterly | 2019-01-10 |
2018-09-24 | $0.15 | quarterly | 2018-10-09 |
2018-06-26 | $0.11 | quarterly | 2018-07-18 |
2018-03-16 | $0.12 | quarterly | 2018-04-03 |
2017-12-22 | $0.09 | quarterly | 2018-01-10 |
2017-09-25 | $0.09 | quarterly | 2017-10-10 |
2017-06-23 | $0.05 | quarterly | 2017-07-18 |
2017-03-16 | $0.05 | quarterly | 2017-04-03 |
2016-12-16 | $0.05 | quarterly | |
2016-09-27 | $0.05 | quarterly | |
2016-06-24 | $0.06 | quarterly | |
2016-03-17 | $0.05 | quarterly | |
2015-12-17 | $0.05 | quarterly | |
2015-09-24 | $0.05 | quarterly | |
2015-06-25 | $0.06 | quarterly | |
2015-03-18 | $0.06 | quarterly | |
2014-12-18 | $0.06 | quarterly | |
2014-09-25 | $0.06 | quarterly | |
2014-06-26 | $0.07 | quarterly | |
2014-03-19 | $0.06 | quarterly | |
2013-12-19 | $0.13 | quarterly | |
2013-06-20 | $0.14 | quarterly |
West Fraser Timber Dividend per year
West Fraser Timber Dividend growth
West Fraser Timber Dividend Yield
West Fraser Timber current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing West Fraser Timber stock? Use our calculator to estimate your expected dividend yield:
West Fraser Timber Financial Ratios
West Fraser Timber Dividend FAQ
Other factors to consider when evaluating West Fraser Timber as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: West Fraser Timber's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, West Fraser Timber publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, West Fraser Timber distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from West Fraser Timber are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: West Fraser Timber sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, West Fraser Timber distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: West Fraser Timber declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of West Fraser Timber's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review West Fraser Timber's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.