|Bid||36.13 x 1100|
|Ask||36.84 x 1000|
|Day's Range||36.21 - 36.79|
|52 Week Range||32.50 - 43.04|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||11.00|
|Earnings Date||Apr 28, 2022 - May 02, 2022|
|Forward Dividend & Yield||0.72 (1.98%)|
|Ex-Dividend Date||Jun 02, 2022|
|1y Target Est||41.30|
There aren't often revolutions of thought in finance, but the move away from paying dividends and toward buying back stock has taken over the stock market over the past few decades. For most companies, dividends are taxed twice, once at the corporate level and then again at the shareholder level. Buybacks, on the other hand, increase each remaining shareholder's claim on the company's earnings and allows shareholders to choose how to sell stock to make the best decision for their own tax profile.
Weyerhaeuser's (WY) Q2 results reflect wet weather, lower sales realizations for lumber and oriented strand board and higher fuel-related and raw-material costs.
Weyerhaeuser (WY) delivered earnings and revenue surprises of 3.92% and 6.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?