FEDERAL WAY, Wash., Feb. 14, 2013 /PRNewswire/ -- Effective February 14, 2013, the Board of Directors of Weyerhaeuser Company (NYSE: WY) declared a dividend of $0.17 per share on the common stock of the corporation payable March 15, 2013 to shareholders of record at the close of business March 1, 2013.
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control more than 6 million acres of timberlands, primarily in the U.S., and manage another 14 million acres under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood and cellulose fibers products, and we develop real estate, primarily as a builder of single-family homes. Our company is a real estate investment trust. In 2012, we generated $7.1 billion in sales and employed approximately 13,200 people who serve customers worldwide. We are listed on the Dow Jones World Sustainability Index. Our stock trades on the New York Stock exchange under the symbol WY. More information about us is available at www.weyerhaeuser.com.
SOURCE Weyerhaeuser Company