Western Forest Products Dividend

What is Western Forest Products's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.42%

Current Dividend Yield

Dividend Yield vs Market

Western Forest Products Dividend Yield vs Market
How does WEF dividend yield compare to the market?
SegmentDividend Yield
Company (WEF)4.4%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)5.7%
Industry Average (Forestry)1.7%
Analyst forecast in 3 Years (WEF)4.4%

Notable Dividend: WEF's dividend (4.42%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).

High Dividend: WEF's dividend (4.42%) is low compared to the top 25% of dividend payers in the Canadian market (5.73%).


Stability and Growth of Payments

How stable has Western Forest Products's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.052
12/31/20230.052
12/31/20220.0492
11/25/20220.054.42
11/7/20220.054.42
8/5/20220.053.55
5/6/20220.053.09
5/4/20220.052.38
2/16/20220.041.94
11/3/20210.042.02
8/5/20210.041.87
5/7/20210.041.93
5/5/20210.041.71
2/18/2021-0
11/5/2020-0
5/7/2020-0
2/12/20200.0911.23
11/7/20190.097.51
8/1/20190.097.23
5/1/20190.095.69
2/13/20190.094.82
11/8/20180.094.68
8/3/20180.094.26
8/2/20180.093.78
5/2/20180.093.35
2/16/20180.082.95
11/2/20170.083.08
8/3/20170.083.02
5/3/20170.083.49
2/16/20170.083.76
11/3/20160.084.22
8/4/20160.083.83
5/6/20160.083.71
2/22/20160.083.67
11/23/20150.083.89
8/10/20150.084.22
5/11/20150.083.77
2/20/20150.084.09
11/17/20140.083.2
8/13/20140.083.41
5/13/20140.083.55
2/24/20140.083.39
11/25/20130.083.89
7/31/20130.085.39

Stable Dividend: WEF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: WEF has only been paying a dividend for 9 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.3%), WEF's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: WEF is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies