Weyerhaeuser announces 90c per share supplemental dividend

Weyerhaeuser announced that its board of directors declared a supplemental dividend of 90c per share on the common stock of the company, payable in cash on February 27, to holders of record of such common stock as of the close of business on February 15. "We are pleased to announce the supplemental dividend associated with our 2022 financial results," said Devin W. Stockfish, president and chief executive officer. "With today’s announcement, we complete the second full year of our new cash return framework. Upon payment of the supplemental dividend declared today, we will have returned more than $3.8 billion in total cash to shareholders based on our 2021 and 2022 results through a combination of cash dividends and opportunistic share repurchase, further demonstrating our commitment to returning a significant portion of our cash flow back to shareholders and the strong cash generation capability of our portfolio and industry-leading operating performance."