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West Fraser Timber Co.Ltd (TSX:WFG) 3-Year Dividend Growth Rate : 28.40% (As of Mar. 2024)


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What is West Fraser Timber Co.Ltd 3-Year Dividend Growth Rate?

West Fraser Timber Co.Ltd's Dividends per Share for the three months ended in Mar. 2024 was C$0.41.

The historical rank and industry rank for West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:WFG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30.8   Med: 4.65   Max: 47.6
Current: 28.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of West Fraser Timber Co.Ltd was 47.60% per year. The lowest was -30.80% per year. And the median was 4.65% per year.

TSX:WFG's 3-Year Dividend Growth Rate is ranked better than
83.62% of 116 companies
in the Forest Products industry
Industry Median: 6.75 vs TSX:WFG: 28.40

During the past 12 months, West Fraser Timber Co.Ltd's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

West Fraser Timber Co.Ltd's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.54. As of today, West Fraser Timber Co.Ltd's Dividend Yield % is 1.54%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of West Fraser Timber Co.Ltd is 0.77, which seems too high.

Warning Sign:

West Fraser Timber Co.Ltd stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's 3-Year Dividend Growth Rate falls into.



West Fraser Timber Co.Ltd 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


West Fraser Timber Co.Ltd  (TSX:WFG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

West Fraser Timber Co.Ltd's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.406/ 0.751
=0.54

During the past 13 years, the highest Dividend Payout Ratio of West Fraser Timber Co.Ltd was 2.98. The lowest was 0.03. And the median was 0.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of West Fraser Timber Co.Ltd is 0.77, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

West Fraser Timber Co.Ltd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3000002024-03-142024-03-152024-04-04Cash DividendquarterlyUSD:CAD 1.354570
USD 0.3000002023-12-282023-12-292024-01-15Cash DividendquarterlyUSD:CAD 1.324995
USD 0.3000002023-09-262023-09-272023-10-13Cash DividendquarterlyUSD:CAD 1.359050
USD 0.3000002023-06-202023-06-212023-07-07Cash DividendquarterlyUSD:CAD 1.323200

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

West Fraser Timber Co.Ltd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.6085445/104.90
=1.53 %

Current Share Price is C$104.90.
West Fraser Timber Co.Ltd's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.6085445.

During the past 13 years, the highest Dividend Yield of West Fraser Timber Co.Ltd was 3.26%. The lowest was 0.36%. And the median was 0.77%.

Warning Sign:

West Fraser Timber Co.Ltd stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


West Fraser Timber Co.Ltd 3-Year Dividend Growth Rate Related Terms>


West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Traded in Other Exchanges
Address
c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.