Weyerhaeuser Increased Quarterly Base Cash Dividend By 5.3% To $0.20, Payable March 22, 2024
Portfolio Pulse from Benzinga Newsdesk
Weyerhaeuser Company (NYSE:WY) has announced a 5.3% increase in its quarterly base cash dividend to $0.20 per share, payable on March 22, 2024, to stockholders of record as of March 8, 2024.
February 09, 2024 | 6:47 am
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Weyerhaeuser Company announced a 5.3% increase in its quarterly dividend to $0.20 per share, indicating a positive outlook on its financial health.
Increasing dividends is generally seen as a positive signal about a company's financial health and future prospects. It suggests that Weyerhaeuser is generating enough cash flow to reward shareholders, which could lead to increased investor confidence and potentially a higher stock price in the short term.
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