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Weyerhaeuser Declares 5 Cent Dividend

January 5, 2010 (FinancialWire) — Weyerhaeuser Co.’s (NYSE: WY ) board has declared a dividend of five cents per share on the common stock of the corporation payable March 1, 2010, to shareholders of record at the close of business Jan. 29, 2010.

Washington-based Weyerhaeuser is a forest products firm that posted 2008, sales of $8 billion.

The company has offices or operations in 10 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction and development.

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