NYSE:WYSpecialized REITs
Weyerhaeuser Maps 2030 EBITDA Goal With Dividend Lift And Buybacks
Weyerhaeuser (NYSE:WY) has announced an increase to its base dividend alongside a new share repurchase program.
The company plans significant divestitures of non core timberlands as part of a portfolio reshaping effort.
Management has outlined a long term growth strategy targeting higher EBITDA by 2030.
For investors watching NYSE:WY, these decisions come as the stock trades around $25.84, with a 30 day return of 8.6% and a 1 year return showing a decline of 13.2%. Over 3 and 5 years, the...