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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Bullboard Posts
Post by richc3on May 12, 2015 6:07pm
125 Views
Post# 23721380

2c Dividend for shareholders on record June 1st. Paid on 19

2c Dividend for shareholders on record June 1st. Paid on 19

https://www.stockhouse.com/news/press-releases/2015/05/11/western-forest-products-inc-confirms-record-date-on-second-quarter-2015

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2015) -
 Western Forest Products Inc. (TSX:WEF) ("Western" or the "Company") is pleased to confirm that a quarterly dividend of $0.02 per share will be paid with respect to the Company's second fiscal quarter of 2015 to shareholders of record as at the close of business on Monday, June 1, 2015 and will be distributed on or about Friday, June 19, 2015.

The dividend will return a portion of the Company's net cash to shareholders, after taking into consideration the Company's liquidity and ongoing capital needs. The Board of Directors will review the amount of the dividend on a quarterly basis. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes.
 

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