West Fraser Timber Co.Ltd (TSX:WFG) Dividend Payout Ratio : 0.54 (As of Mar. 2024)

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What is West Fraser Timber Co.Ltd Dividend Payout Ratio?

West Fraser Timber Co.Ltd's dividend payout ratio for the months ended in Mar. 2024 was 0.54.

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.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Dividend Payout Ratio or its related term are showing as below:

TSX:WFG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 2.98
Current: 0.77

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.

TSX:WFG's Dividend Payout Ratio is ranked worse than
83.21% of 131 companies
in the Forest Products industry
Industry Median: 0.28 vs TSX:WFG: 0.77

As of today (2024-05-01), the Dividend Yield % of West Fraser Timber Co.Ltd is 1.54%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

West Fraser Timber Co.Ltd Dividend Payout Ratio Historical Data

The historical data trend for West Fraser Timber Co.Ltd's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

West Fraser Timber Co.Ltd Dividend Payout Ratio Chart

West Fraser Timber Co.Ltd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.07

0.03

0.06

2.98

West Fraser Timber Co.Ltd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.16	-	0.54

Competitive Comparison of West Fraser Timber Co.Ltd's Dividend Payout Ratio

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Dividend Payout Ratio falls into.

West Fraser Timber Co.Ltd Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.61	/	0.541
	=	2.98

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

West Fraser Timber Co.Ltd (TSX:WFG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

West Fraser Timber Co.Ltd Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of West Fraser Timber Co.Ltd's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Fraser Timber Co.Ltd (TSX:WFG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

WFG:USA WFC:Germany WFC:Germany

Address

c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1

Website

https://www.westfraser.com

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.