Company: Weyerhaeuser Company (WY)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Weyerhaeuser ranks among the world’s largest forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016. -Morningstar.com-
Symbol: WY
Recent Price: $31.71
Dividends: $0.80
Yield: 2.52%
Sector: Real Estate
Industry: REIT-Specialty
Address & Company Phone #: 220 Occintal Ave. South Seattle WA 98104, 206-539-3000
Transfer Agent: Computershare 800-561-4405
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $100,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $35.14, $27.65