Weyerhaeuser Declares Supplemental Dividend Of $0.14 Per Share On The Common Stock
Portfolio Pulse from Benzinga Newsdesk
Weyerhaeuser has announced a supplemental dividend of $0.14 per share, payable on February 27, 2024, to shareholders of record as of February 16, 2024.

January 25, 2024 | 9:42 pm
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POSITIVE IMPACT
Weyerhaeuser's declaration of a $0.14 supplemental dividend may lead to a positive short term sentiment among investors, potentially increasing the stock's attractiveness.
Dividend declarations often result in positive investor sentiment as they represent a direct return on investment. The announcement of a supplemental dividend by Weyerhaeuser is likely to be perceived positively by the market, especially by income-focused investors. This could lead to a short-term increase in the stock price as investors may buy into the stock to capitalize on the dividend payment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100