|Bid||38.26 x 800|
|Ask||0.00 x 800|
|Day's Range||38.16 - 38.75|
|52 Week Range||16.05 - 38.75|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||21.56|
|Earnings Date||Jul 29, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||0.68 (1.74%)|
|Ex-Dividend Date||Mar 04, 2021|
|1y Target Est||39.83|
Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.17 per share on the common stock of the company, payable in cash on June 18, 2021, to holders of record of such common stock as of the close of business on June 4, 2021.
The housing market is booming, especially new construction in hot markets from Idaho to Texas. The stock market has more than doubled from the COVID-19 low in late March 2020 while lumber prices have more than quintupled, notching another record high on Friday at more than $1,600 per thousand board feet. As one of the largest timberland owners and sawmill operators in North America, Weyerhaeuser (NYSE: WY) is a key beneficiary of the lumber boom.