Weyerhaeuser Stock Price, News & Analysis

Weyerhaeuser Company (NYSE: WY) has announced the tax treatment of its 2024 dividend distributions, totaling $0.94 per share on Common Stock. The distributions were made across five payments throughout 2024: $0.14 per share in February, followed by four quarterly payments of $0.20 per share in March, June, September, and December.

All dividend distributions for 2024 are classified as capital gain distributions, with no portion qualifying as qualified dividends or nondividend distributions. Notably, these distributions are not eligible for the 20% qualified business income deduction under section 199A of the Internal Revenue Code. The company notes that these tax allocations are based on current available information and could be adjusted upon filing of the company's 2024 tax return.

Weyerhaeuser (NYSE: WY) has scheduled its fourth quarter 2024 earnings release for Thursday, January 30, after market close. The company will host a live webcast and conference call on Friday, January 31, at 7 a.m. Pacific Time (10 a.m. Eastern Time) to discuss the results.

Investors can access the webcast and presentation materials through the Investor Relations section of Weyerhaeuser's website. North American participants can join via 877-407-0792, while international callers should use 201-689-8263 (access code: 13748393). Two-week replay access will be available.

Weyerhaeuser (NYSE: WY) announced a $500 million investment to construct a new TimberStrand® facility near Monticello and Warren, Arkansas. The state-of-the-art facility will have an annual production capacity of 10 million cubic feet, doubling the company's North American TimberStrand® capacity. Construction will begin in 2025, with operations starting in 2027. The facility will create nearly 200 jobs and is expected to generate over $100 million in annual Adjusted EBITDA at full capacity. The plant will include a biomass-fueled cogeneration system for electrical needs and will source most of its fiber from Weyerhaeuser's regional timberlands.

Weyerhaeuser (NYSE: WY) has announced the appointment of Paul Hossain as Senior Vice President and Chief Development Officer, effective January 1, 2025. Hossain will oversee the company's Real Estate, Energy & Natural Resources segment, including its Natural Climate Solutions business, as well as Business Development and Acquisitions and Divestitures. He is currently the VP of Natural Resources and Climate Solutions. Hossain will succeed Russell Hagen, who is retiring at the end of 2024 but will remain as a strategic advisor during the transition. CEO Devin Stockfish praised Hossain's 18 years of industry experience and significant contributions to the company's growth in renewable energy and carbon capture projects. Hossain expressed excitement about leveraging the company's integrated forest products capabilities to grow the portfolio's value and enhance the company's positive climate impact.

Weyerhaeuser (NYSE: WY) has declared a quarterly base cash dividend of $0.20 per share, payable on December 13, 2024, to shareholders of record as of November 29, 2024. The company maintains a cash return framework targeting 75-80% of annual Adjusted Funds Available for Distribution (Adjusted FAD) to shareholders. This framework allows flexibility to distribute additional returns through supplemental cash dividends or share repurchases. Adjusted FAD is calculated as net cash from operations minus capital expenditures and significant non-recurring items.

Weyerhaeuser Company (NYSE: WY) announced its third quarter 2024 financial results. The company has made the earnings release and associated materials available on the Investors section of their website and through SEC filings.

A live conference call will be held on October 25, 2024, at 7 a.m. Pacific Time to discuss the quarterly results. Investors can access the webcast through the company's website, with dial-in options available for North American (877-407-0792) and international (201-689-8263) participants using access code 13742029.

Weyerhaeuser Company (NYSE: WY) has announced the release date for its third quarter 2024 results. The company will disclose the results on Thursday, October 24, 2024, after the market closes. Following this, Weyerhaeuser will host a live webcast and conference call on Friday, October 25, at 7 a.m. Pacific Time (10 a.m. Eastern Time) to discuss the results.

Interested parties can access the news release, live webcast, and presentation online through the Investor Relations section on www.weyerhaeuser.com. To join the conference call, participants from North America should dial 877-407-0792, while those outside North America should dial 201-689-8263. Both numbers use the access code 13742029. Replays will be available for two weeks after the call.

Weyerhaeuser Company (NYSE: WY) and The Nature Conservancy (TNC) have announced a multiyear collaboration to advance the understanding of forests' role in climate mitigation. This partnership aims to highlight the potential of climate-smart forestry in combating climate change.

Key points of the collaboration include:

• Conducting forest research
• Implementing greenhouse gas accounting standards
• Developing improved carbon project methodologies
• Shaping strategies to accelerate climate-smart forestry practices globally

TNC's research suggests that natural climate solutions could reduce or absorb up to 11 billion metric tons of greenhouse gases annually by 2030, with over 1 billion metric tons potentially coming from improved management of working forests. The collaboration seeks to grow support for a trusted carbon market and elevate research into climate-smart forestry practices.

Weyerhaeuser Company (NYSE: WY) has announced a quarterly base cash dividend of $0.20 per share on its common stock. The dividend will be paid on September 13, 2024, to shareholders of record as of August 30, 2024. This aligns with Weyerhaeuser's cash return framework, which aims to provide a total shareholder return of 75-80% of annual Adjusted Funds Available for Distribution (Adjusted FAD).

The company maintains flexibility to supplement this base dividend with additional variable cash returns, either through supplemental dividends or share repurchases. Adjusted FAD, a non-GAAP measure, is defined as net cash from operations adjusted for capital expenditures and significant non-recurring items.