STOCK TITAN
  1. Home
  2. News
  3. WY

Weyerhaeuser Co. - WY STOCK NEWS

Welcome to our dedicated news page for Weyerhaeuser Co. (Ticker: WY), a resource for investors and traders seeking the latest updates and insights on Weyerhaeuser Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Weyerhaeuser Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Weyerhaeuser Co.'s position in the market.

News
Weyerhaeuser to Release First Quarter Results on April 25
Rhea-AI Summary
Weyerhaeuser Company (WY) to release first quarter 2024 results on April 25, followed by a webcast and conference call on April 26 at 7 a.m. PT (10 a.m. ET)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
earnings
-
News
Weyerhaeuser and Lapis Energy Announce Carbon Sequestration Exploration Agreement
Rhea-AI Summary
Weyerhaeuser Company (WY) and Lapis Energy LP enter an exclusive two-year agreement for subsurface carbon dioxide sequestration across 187,500 acres in Arkansas, Louisiana, and Mississippi. The agreement includes five potential sequestration sites, aiming to reduce carbon footprint for large-scale industrial sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.04%
Tags
none
-
News
Stockfish to Represent Weyerhaeuser at Upcoming Investor Conferences in March
Rhea-AI Summary
Weyerhaeuser Company's CEO, Devin Stockfish, to participate in two investor conferences in March 2024. Webcast links and presentation materials will be available on the company's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
conferences
News
Weyerhaeuser Announces Partnership to Support Workforce Development
Rhea-AI Summary
Company WY announces a national partnership with Be Pro Be Proud to provide students with training opportunities in the skilled trades industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
partnership
-
News
Weyerhaeuser Company Announces 5.3% Dividend Increase
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) has announced a 5.3 percent increase in its quarterly base cash dividend, from $0.19 per share to $0.20 per share. The dividend is payable on March 22, 2024, to shareholders of record as of March 8, 2024. The company's president and CEO, Devin W. Stockfish, emphasized their commitment to growing the sustainable base dividend by 5 percent annually through 2025. Weyerhaeuser's cash return framework aims to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD), with the flexibility to return additional cash through supplemental dividends or share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
dividends
-
News
Weyerhaeuser Company Declares Supplemental Dividend on Common Shares
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) has declared a supplemental dividend of $0.14 per share on the common stock of the company, payable in cash on February 27, 2024, to holders of record of such common stock as of the close of business on February 16, 2024. In 2023, Weyerhaeuser generated Adjusted Funds Available for Distribution (Adjusted FAD) of $986 million. Including the supplemental dividend to be paid on February 27, 2024, Weyerhaeuser is returning $0.90 per share of cash dividends to shareholders based on 2023 financial results, including $556 million, or $0.76 per share, of quarterly base dividends paid in 2023 and $102 million, or $0.14 per share, from the supplemental dividend declared today. Including $125 million of shares repurchased during 2023, Weyerhaeuser is returning $783 million in total cash to shareholders based on 2023 results, or approximately 80 percent of 2023 Adjusted FAD, which is at the high end of the company's targeted annual payout range of 75 to 80 percent of Adjusted FAD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
dividends
News
Weyerhaeuser Reports Fourth Quarter, Full Year Results
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) reported fourth quarter net earnings of $219 million, with a full year net earnings of $839 million. The company achieved full year Adjusted EBITDA of $1.7 billion and returned $783 million in total cash back to shareholders based on 2023 results. Weyerhaeuser monetized its first forest carbon credits and enhanced its Southern Timberlands portfolio with strategic transactions. The company also declared a $0.14 per share supplemental dividend, returning approximately 80 percent of 2023 Adjusted FAD to shareholders. The CEO emphasized solid execution across all businesses and a favorable longer-term outlook for demand fundamentals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
earnings
-
News
Weyerhaeuser Announces Habitat for Humanity Innovation Challenge
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) announced the Habitat for Humanity Innovation Challenge to encourage new and creative home-building solutions using sustainable wood products. Six U.S.-based Habitat affiliates will receive $15,000 each to implement innovative uses of wood products that increase equitable access to affordable homes. The challenge aims to support communities by creating greater access to affordable and sustainable homes, leveraging the natural benefits of wood products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
-
News
Weyerhaeuser Announces Tax Treatment of 2023 Distributions
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) has reported its 2023 dividend tax reporting information, with a total distribution of $1.66 per share. The company's tax return for the year ended December 31, 2023, has not been filed yet. Shareholders are advised to consult their tax advisor for the specific effects of these distributions on their individual tax situation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
none
News
Weyerhaeuser Completes Sale of Initial Carbon Credit Offering
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) announced the sale of nearly 32,000 forest carbon credits at $29 per credit, marking its first transaction in the voluntary carbon market. The agreement represents the sale of all credits issued by ACR for the first year of the company's Kibby Skinner Improved Forest Management (IFM) Project in Maine. Weyerhaeuser plans to immediately retire these credits on behalf of the buyer. The company is currently developing several IFM projects on select areas within its 11-million-acre land base in the U.S., including two in the U.S. South anticipated to be approved in 2024. Weyerhaeuser is working with Carbon Direct to deliver scientifically robust, high-quality forest carbon credits. The company is committed to offering only the highest-quality credits to the market and believes it is uniquely positioned to scale its credit offerings as companies increasingly look to reduce and offset their emissions and reach their net-zero commitments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
Stock WY logo
Weyerhaeuser Co.

NYSE:WY

WY Rankings

#553 Ranked by Market Cap
#2500 Ranked by Stock Gains
#1176 Ranked by Dividends

WY Stock Data

24.25B
726.74M
0.27%
86%
0.9%
Other Financial Vehicles
Finance and Insurance
Link
US
Seattle

About WY

we manage forests and manufacture products that make the world a better place. we’re serious about safety, driven to achieve excellence, and proud of what we do. with multiple business lines in locations around the world, we offer a range of exciting careers opportunities for smart, talented people who are passionate about making a difference.