Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Its products have applications in outdoor living; exterior appearance; interior living; and structural applications. The company sells its products in Canada, the United States, China, Japan, Europe, and internationally. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada.
Western Forest Products Dividend Announcement
• Western Forest Products announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2023-09-15. Ex dividend date: 2023-08-24
• Western Forest Products annual dividend for 2023 was $0.03
• Western Forest Products's trailing twelve-month (TTM) dividend yield is -%
• Western Forest Products's payout ratio for the trailing twelve months (TTM) is -9.43%
• Western Forest Products's dividend growth over the last five years (2018-2023) was -16.36% year
Western Forest Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-24 | $0.01 | quarterly | 2023-09-15 |
2023-05-25 | $0.01 | quarterly | 2023-06-16 |
2023-02-23 | $0.01 | quarterly | 2023-03-17 |
2022-08-25 | $0.01 | quarterly | 2022-09-16 |
2022-05-26 | $0.01 | quarterly | 2022-06-17 |
2022-02-24 | $0.01 | quarterly | 2022-03-18 |
2021-11-26 | $0.01 | quarterly | 2021-12-17 |
2021-08-26 | $0.01 | quarterly | 2021-09-17 |
2021-05-27 | $0.01 | quarterly | 2021-06-18 |
2021-02-25 | $0.01 | quarterly | 2021-03-12 |
2020-02-27 | $0.02 | quarterly | 2020-03-13 |
2019-11-29 | $0.02 | quarterly | 2019-12-13 |
2019-08-29 | $0.02 | quarterly | 2019-09-13 |
2019-05-30 | $0.02 | quarterly | 2019-06-14 |
2019-02-28 | $0.02 | quarterly | 2019-03-15 |
2018-11-29 | $0.02 | quarterly | 2018-12-14 |
2018-08-30 | $0.02 | quarterly | 2018-09-14 |
2018-05-31 | $0.02 | quarterly | 2018-06-15 |
2018-02-28 | $0.02 | quarterly | 2018-03-16 |
2017-11-30 | $0.02 | quarterly | 2017-12-15 |
2017-08-30 | $0.02 | quarterly | 2017-09-15 |
2017-05-30 | $0.01 | quarterly | 2017-06-16 |
2017-02-27 | $0.02 | quarterly | 2017-03-17 |
2016-11-29 | $0.01 | quarterly | 2016-12-16 |
2016-08-30 | $0.02 | quarterly | 2016-09-16 |
2016-05-31 | $0.02 | quarterly | 2016-06-17 |
2016-02-29 | $0.01 | quarterly | 2016-03-18 |
2015-11-30 | $0.01 | quarterly | 2015-12-18 |
2015-08-28 | $0.02 | quarterly | 2015-09-18 |
2015-05-28 | $0.02 | quarterly | 2015-06-19 |
2015-02-26 | $0.02 | quarterly | 2015-03-20 |
2014-08-28 | $0.02 | quarterly | |
2014-05-29 | $0.02 | quarterly | |
2014-02-27 | $0.02 | quarterly |
Western Forest Products Dividend per year
Western Forest Products Dividend growth
Western Forest Products Dividend Yield
Western Forest Products current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Western Forest Products stock? Use our calculator to estimate your expected dividend yield:
Western Forest Products Financial Ratios
Western Forest Products Dividend FAQ
Other factors to consider when evaluating Western Forest Products 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: Western Forest Products'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, Western Forest Products 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, Western Forest Products 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 Western Forest Products 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: Western Forest Products 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, Western Forest Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Western Forest Products 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 Western Forest Products'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 Western Forest Products'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.