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Weyerhaeuser Company (WY)

NYSE - Nasdaq Real Time Price. Currency in USD
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36.55+1.29 (+3.66%)
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  • A
    Axe Capital
    Dollar Bill here,

    Rather have the billion dollars as a distribution to all shareholders, not as special dollars to private share buybacks and management stock options.

    Are there any lawyers that will question the legality because WY is a REIT? As a REIT, are not the shareholders to receive 80%?

    Thoughts are appreciated.
  • A
    Axe Capital
    Dollar Bill here,
    Craig, you want information on the future "special dividend", but, as you correctly state, no information has been disclosed.
    IMHO, your "special dividend" will be inferior because the billion dollars spent on the "private placement" buybacks. Time will tell the truth.
    There needs to be full disclosure to the shareholders of this REIT. Any lawyers out there?

    Thoughts are appreciated.
  • F
    FreeDog
    Interim Div. and stock buyback announcements support upside to mid $40s.
    Bullish
  • T
    Tim
    A nice move by WY, restock repurchase and dividend. Bodes well for special dividend in Jan.
  • C
    Craig
    Press Release said Company intends to return 75-80% of Distributable cash. Cash from operations minus Cap X and one time charges. Wonder what other 20-25% is for? Debt retirement??
  • R
    Robert
    Looking forward to a dividend increase!

    "our financial position is exceptionally strong, and with year-to-date Adjusted Funds Available for Distribution of almost $1.9 billion, we are excited for the opportunity to return significant cash to shareholders through the variable supplemental component of our new dividend framework."

    $1.9B divided 750M shares = $2.50 per
  • w
    wegotchickensinthebarn
    According to the WY website, today 8/12/2021, was the proposed dividend declaration date, but apparently it wasn't.
  • m
    markm
    a lot of lumber needed for those concrete forms in the new infrastructure bill.
  • M
    Metalmeister
    Home Depot yesterday. Plywood finally coming down to $29 for 5/8" from $80+ last month. 2x4 studs down to $3.60 from $10+. HOWEVER Fires are still raging in Canada and US. Did plywood glue shortage get resolved? Guess so.
    Bullish
  • F
    FreeDog
    WY's unnecessary negative comment concerning 3rd qtr lumber commodity pricing threw shade on a great 2nd qtr report. Stock price was knocked downward by that statement. Totally foolish, unless management intentionally wants to dampen expectations for a 3rd qtr surprise.
  • C
    Craig
    When do we get the Special Dividend, and any idea how much it’s likely to be?
  • C
    Craig
    The 2022 special dividend should be quite substantial, over $2.00 ?
  • R
    Ron
    WY REPORTS 2ND QUARTER EARNINGS LOSS......GLAD I SOLD SHARES AT THE TOP
  • H
    Huh
    I'm starting to think of this messageboard as "The Bitter Builders' Club".
  • M
    Mark
    Weyerhaeuser expects to see their EPS rocket for 2021 to record levels! To put it into perspective, 2020 was a record $1.29 per share, while 2021 expects $3.69 per share!

    You can read their full financial review @ecoshares on Instagram, they release two financial reviews per week on public firms to fight against climate change! (36 so far)
  • b
    blod
    I am a very tiny Timber owner of my own timber lots. Historically my family has owned timber land since the 1600's in various states. I have owned WY because they bought out my Plum Creek. I think Plum Creek managed their size company better. WY is super large as the combined the timber land of both companies.

    WY like just about ever other stock I own is tanking. One hardly needs to ask why. But just like my acreage of growing timber it will increase in value approximately 8% a year over time as the trees get bigger. On my own land I have no debt. WY has lots of debt they took on when the bought Plum Creek. Obviously I wish they had not. But debt service at these rates is not out of balance with the long term prospects for growth. If one is in the timber business one better have a long range business plan going out decades not years.

    In timber one only cuts enough to pay the current bills and when certain lots would suffer upon not being cut. Many types of trees do well if allowed to grow for over a hundred years to often there is no compelling reason to cut. Still reading the posts on this site one begins to understand most people here thought they bought a stock for dividends and reliable growth. In times like these that is not the timber business. For those of you that actually intended to buy into a timber business you have a good company and in a few decades you will make money and I mean great money. You will be rewarded. Most of you will sell to early however as you bought a stock and not trees.
  • C
    Craig
    Cut senior management salaries and eliminate Board stipends until dividend is restored. Share the pain!!!
  • A
    Axe Capital
    Mafee here,
    WY management abandoned the Federal Way campus for a Seattle corporate headquarters in order to attract "higher quality" employees. This move resulted in cost over-runs, traffic congestion, homeless people environment, city taxes to help the homeless people, riots, crowd anarchy, and an empty building as everyone is working from home.
    Meanwhile, the Federal Way campus waits in idyllic peace and serenity.
    The basic strength of the company is trees, barring management interference, will grow just fine on their own.
  • l
    lcual
    Listened to the earnings call today. The leadership team composed of a lawyer and an auditor was very unimpressive. There doesn't seem to be any vision of how to move the company forward and find significant areas where the company can add value. These leaders sound like trustees of an enterprise where their job is to do as little as possible believing that this will preserve the businesses they are overseeing. I expect the company to stagnate or deteriorate until real businesspeople are put into the leadership.
  • Z
    ZOR
    Dividend suspended, did the CEO and BOD take a pay cut, I'll bet no.