West Fraser Timber (WFG) Declares $0.25 Quarterly Dividend; 1% Yield

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Go back to West Fraser Timber (WFG) Declares $0.25 Quarterly Dividend; 1% Yield

WEST FRASER ANNOUNCES FOURTH QUARTER AND 2021 ANNUAL RESULTS; DECLARES DIVIDEND

February 15, 2022 5:01 PM EST

VANCOUVER, BC, Feb. 15, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the fourth quarter and annual results of 2021.  All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. 

The results of operations presented and discussed below include those of Norbord from February 1, 2021 and those of Angelina Forest Products from December 1, 2021.

Fourth Quarter Highlights 

Sales of $2.038 billion and earnings of $334 million, or $3.13 per diluted share  Adjusted EBITDA1 of $615 million,... More