West Fraser Timber Co. Ltd. (TSE:WFG) Declares $0.32 Quarterly Dividend

West Fraser Timber Co. Ltd. (TSE:WFG) announced a quarterly dividend on Friday, December 27th,TickerTech Dividends reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.32 per share on Tuesday, January 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, December 27th.

West Fraser Timber Stock Down 1.0 %

WFG opened at C$124.72 on Friday. The company’s 50-day moving average price is C$130.18 and its two-hundred day moving average price is C$121.70. West Fraser Timber has a twelve month low of C$100.84 and a twelve month high of C$141.27. The stock has a market cap of C$9.74 billion, a price-to-earnings ratio of 54.70 and a beta of 2.03. The company has a quick ratio of 2.10, a current ratio of 2.33 and a debt-to-equity ratio of 7.39.

West Fraser Timber (TSE:WFG) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported C($1.41) earnings per share for the quarter, missing the consensus estimate of C($0.62) by C($0.79). West Fraser Timber had a return on equity of 1.98% and a net margin of 2.21%. The firm had revenue of C$1.96 billion for the quarter, compared to the consensus estimate of C$2.01 billion. As a group, equities analysts expect that West Fraser Timber will post 8.1184776 earnings per share for the current year.

About West Fraser Timber

West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.