The board of directors said the quarterly dividend is payable on Sept. 13 to the holders of record at the close of business on Aug. 30. The board also declared a dividend of $0.8588 per share on its 6.375% Series A mandatory convertible preference shares, which will be paid on Oct. 1 to holders of record at the close of business on Sept. 15.
The regular dividend payment equates to a $0.88-per-share annual dividend, yielding 3.2% based on the closing price today of Weyerhaeuser's stock.
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