West Fraser Timber Co. Ltd. (TSE:WFG) Plans Quarterly Dividend of $0.41

West Fraser Timber Co. Ltd. (TSE:WFG - Get Rating) declared a quarterly dividend on Wednesday, June 7th, Zacks reports. Investors of record on Wednesday, June 21st will be paid a dividend of 0.407 per share on Friday, July 7th. This represents a $1.63 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Tuesday, June 20th. This is a boost from West Fraser Timber's previous quarterly dividend of $0.40.

TSE:WFG opened at C$101.06 on Friday. West Fraser Timber has a 12 month low of C$91.06 and a 12 month high of C$132.91. The stock has a 50 day moving average of C$99.21 and a two-hundred day moving average of C$102.02. The company has a current ratio of 3.66, a quick ratio of 2.10 and a debt-to-equity ratio of 6.93. The firm has a market cap of C$8.21 billion, a P/E ratio of 7.20 and a beta of 2.00.

West Fraser Timber (TSE:WFG - Get Rating) last posted its quarterly earnings data on Tuesday, April 25th. The company reported C($0.70) EPS for the quarter, missing the consensus estimate of C$0.82 by C($1.52). West Fraser Timber had a return on equity of 10.45% and a net margin of 10.26%. The firm had revenue of C$2.20 billion for the quarter. On average, analysts expect that West Fraser Timber will post 0.7796638 earnings per share for the current fiscal year.

Separately, CIBC decreased their price objective on West Fraser Timber from C$129.00 to C$126.00 in a report on Thursday, April 20th.

West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.

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