Shares of Weyerhaeuser Co., which supplies timber, wood products and paper, slipped Monday after expectations of weakening customer demand led an analyst to forecast a larger loss for the company.

FEDERAL WAY, Wash.—-The board of directors of Weyerhaeuser Company declared a dividend of 25 cents per share on the common stock of the corporation payable March 2, 2009 to shareholders of record at the close of business Jan. 30, 2009.

Forest-products supplier Weyerhaeuser Co. Friday cut its dividend by 58 percent amid “the continued housing slump and a weaker pulp market,” which is expected to cut its fourth-quarter results.

Forest-products supplier Weyerhaeuser Co. Friday cut its dividend by 58 percent amid “the continued housing slump and a weaker pulp market,” which is expected to cut its fourth-quarter results.