#Canada #Vancouver #Dividend #West Fraser #Timber

West Fraser Timber Co. Declares Quarterly Dividend

West Fraser Timber Co. Ltd. (referred to as "West Fraser" or the "Company"), publicly traded on both TSX and NYSE under the ticker symbol WFG, has recently made a significant announcement regarding its financial standing. On June 11, 2025, the Company declared a quarterly dividend amounting to US$0.32 per share for its Common and Class B Common shares.

This dividend is set to be distributed on July 14, 2025, depending on the recorded shareholders as of June 26, 2025. An important note is that these dividends qualify as eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada), along with any relevant provincial legislation that pertains to eligible dividends. This means that the dividend disbursement will be advantageous for shareholders as it aligns with the tax benefits provided under Canadian tax law.

West Fraser has made it clear that dividends will primarily be issued in U.S. dollars, though shareholders have the option to choose their dividends in Canadian dollars if preferred. Instructions on how to elect this option are available on the company’s official website under the "Investors/Dividends" section. This flexibility is aimed at accommodating the diverse needs of its shareholder base, thereby providing them with control over their investment income.

About West Fraser Timber Co. Ltd.

West Fraser is recognized as a leader in the wood products industry, boasting an extensive operational framework with more than 50 facilities that span across Canada, the United States, the United Kingdom, and Europe. The Company emphasizes sustainable forestry practices within its operations while producing a wide range of wood products such as lumber, engineered wood products (including OSB, LVL, MDF, plywood, and particleboard), as well as pulp, newsprint, and other biomass materials.

These products are integral to a multitude of applications ranging from home construction and renovations to industrial uses, including paper and tissue manufacturing. As a player committed to sustainability and innovation, West Fraser is dedicated to providing customers with high-quality products while promoting eco-friendly practices within the timber industry.

For anyone interested in acquiring further details about the dividend declaration or the company, West Fraser encourages visiting their comprehensive website at westfraser.com to stay updated on their latest news, product offerings, or financial reports. This proactive communication strategy serves to foster investor confidence while keeping stakeholders informed, ultimately ensuring that West Fraser remains strong in its position within the competitive landscape of the timber and wood products sector.

As shareholders prepare for the upcoming dividend payment, the Company’s commitment to financial health and shareholder returns indicates a positive outlook, reflecting West Fraser's dedication to creating value for investors and contributing to the wider community through responsible forestry practices.