Weyerhaeuser declared a dividend of USD 0.31 per share on the common stock of the company, payable in cash on June 23, 2017 to holders of record of such common stock as of the close of business on June 9, 2017.
In 1Q2017 Weyerhaeuser reported 20.4% increase of net sales and 35.1% increase of Adjusted EBITDA.
The company is one of the world’s largest private owners of timberlands. It owns or controls more than 13 million acres of timberlands, primarily in the U.S., and manage additional timberlands under long-term licenses in Canada. The company manages these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products. In February 2016, Weyerhaeuser merged with Plum Creek Timber Company. In 2016, we generated $6.4 billion in net sales and employed approximately 10,400 people who serve customers worldwide.