SEATTLE, Jan. 21,
2025 /PRNewswire/ -- For shareholders of Weyerhaeuser
Company (NYSE: WY), the 2024 dividend distributions on the Common
Stock CUSIP 96216610 traded under the symbol WY totaling
$0.94 per share are designated for
income tax purposes as follows:
2024 Dividend Tax Reporting Information (Form
1099-DIV)
Record
Date
|
Payable
Date
|
Cash
Distribution
per Share
|
Capital Gain
Distribution (1)
|
Qualified
Dividend
|
Nondividend
Distribution
|
02/16/2024
|
02/27/2024
|
$0.140000
|
$0.140000
|
$0.000000
|
$0.000000
|
03/08/2024
|
03/22/2024
|
$0.200000
|
$0.200000
|
$0.000000
|
$0.000000
|
05/31/2024
|
06/14/2024
|
$0.200000
|
$0.200000
|
$0.000000
|
$0.000000
|
08/30/2024
|
09/13/2024
|
$0.200000
|
$0.200000
|
$0.000000
|
$0.000000
|
11/29/2024
|
12/13/2024
|
$0.200000
|
$0.200000
|
$0.000000
|
$0.000000
|
|
Totals
|
$0.940000
|
$0.940000
|
$0.000000
|
$0.000000
|
The company's tax return has not been filed for the year ended
December 31, 2024. The dividend
income tax allocations presented herein have been calculated using
the best available information to date and could change upon the
filing of the company's tax return.
The company's 2024 dividend distributions are designated as
capital gain distributions. As a result, the dividend distributions
are not eligible for the 20 percent qualified business income
deduction under section 199A of the Internal Revenue Code.
Shareholders are encouraged to consult their tax advisor to
determine the specific effect these dividend distributions may have
on their individual tax situation.
(1) For purposes of section 1061 of the Internal
Revenue Code, the company is disclosing that both the One Year and
Three Year amounts are $0.00/share.
Section 1061 is generally applicable to direct and indirect holders
of "applicable partnership interests."
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the
world's largest private owners of timberlands, began
operations in 1900 and today owns or controls approximately 10.5
million acres of timberlands in the U.S, as well as 14 million
acres of timberlands managed under long-term licenses in
Canada. Weyerhaeuser has been a
global leader in sustainability for more than a century and manages
100 percent of its timberlands on a fully sustainable basis in
compliance with internationally recognized sustainable forestry
standards. Weyerhaeuser is also one of the largest manufacturers of
wood products in North America and
operates additional business lines around real estate, climate
solutions, energy and natural resources, among others. In
2023, the company generated $7.7
billion in net sales and employed approximately 9,300 people
who serve customers worldwide. Operated as a real estate investment
trust, Weyerhaeuser's common stock trades on the New York Stock
Exchange under the symbol WY. Learn more
at www.weyerhaeuser.com.
For more information contact:
Analysts –
Andy Taylor, 206-539-3907
Media – Nancy Thompson,
919-861-0342
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SOURCE Weyerhaeuser Company