West Fraser Declares Dividend

Rhea-AI Summary

West Fraser Timber (NYSE: WFG) has announced a quarterly dividend of US$0.32 per share on both Common shares and Class B Common shares. The dividend will be paid on July 14, 2025, to shareholders of record as of June 26, 2025. The dividends are designated as eligible dividends under Canadian tax law. While dividends are declared and paid in U.S. dollars, shareholders have the option to receive their payments in Canadian dollars by following the election procedure available on the company's website.

Positive

• Consistent dividend payment demonstrates financial stability
• Dividend eligibility status provides tax advantages for Canadian shareholders
• Flexible currency option for dividend payments benefits international shareholders

Negative

• None.

VANCOUVER, BC, June 11, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 14, 2025 to shareholders of record on June 26, 2025.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at www.westfraser.com in the "Investors/Dividends" section.

About West Fraser
West Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit: westfraser.com.

View original content:https://www.prnewswire.com/news-releases/west-fraser-declares-dividend-302479325.html

SOURCE West Fraser Timber Co. Ltd.

FAQ

What is West Fraser's (WFG) dividend amount for Q2 2025?

West Fraser's quarterly dividend for Q2 2025 is US$0.32 per share for both Common and Class B Common shares.

When is the payment date for West Fraser's Q2 2025 dividend?

The dividend payment date is July 14, 2025, for shareholders of record as of June 26, 2025.

Can West Fraser shareholders receive dividends in Canadian dollars?

Yes, while dividends are declared in U.S. dollars, shareholders can elect to receive payments in Canadian dollars by following the procedure on West Fraser's website.

Are West Fraser's dividends considered eligible dividends for Canadian tax purposes?

Yes, the dividends are designated as eligible dividends pursuant to Canadian tax law, providing potential tax advantages for Canadian shareholders.