Weyerhaeuser Declares Reduced Quarterly Dividend of 25 Cents; Authorizes $250 Million Share Repurchase; Expects Lower Fourth Quarter Earnings, Challenging 2009 (Business Wire)
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.