West Fraser Timber (WFG) Declares $0.25 Quarterly Dividend; 1% Yield
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WEST FRASER ANNOUNCES FOURTH QUARTER AND 2021 ANNUAL RESULTS; DECLARES DIVIDEND
February 15, 2022 5:01 PM ESTVANCOUVER, 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.Â
The results of operations presented and discussed below include those of Norbord from February 1, 2021Â and those of Angelina Forest Products from December 1, 2021.
Fourth Quarter HighlightsÂ
Sales of $2.038 billion and earnings of $334 million, or $3.13 per diluted share Adjusted EBITDA1 of $615 million,... More