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West Fraser Timber Co.Ltd (TSX:WFG) Dividend Yield % : 1.54% (As of Apr. 30, 2024)


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What is West Fraser Timber Co.Ltd Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of West Fraser Timber Co.Ltd is 1.54%.

Warning Sign:

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

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

TSX:WFG' s Dividend Yield % Range Over the Past 10 Years
Min: 0.36   Med: 0.77   Max: 3.26
Current: 1.54

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%.

TSX:WFG's Dividend Yield % is ranked worse than
69.77% of 172 companies
in the Forest Products industry
Industry Median: 2.375 vs TSX:WFG: 1.54

West Fraser Timber Co.Ltd's Dividend Payout Ratio for the three 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.

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.

As of today (2024-04-30), the Forward Dividend Yield % of West Fraser Timber Co.Ltd is 1.55%.

West Fraser Timber Co.Ltd's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for West Fraser Timber Co.Ltd's Dividend Yield % 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 Yield % Chart

West Fraser Timber Co.Ltd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 0.98 0.79 1.51 1.42

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.42 1.63 1.42 1.38

Competitive Comparison of West Fraser Timber Co.Ltd's Dividend Yield %

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

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

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



West Fraser Timber Co.Ltd Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.6085445/105.44
=1.53 %

Current Share Price is C$105.44.
West Fraser Timber Co.Ltd's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.6085445.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.625484/105.44
=1.54 %

Current Share Price is C$105.44.
West Fraser Timber Co.Ltd's Dividends per Share for the forward twelve months is calculated as C$0.406371 * 4 = C$1.625484.

* 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  (TSX:WFG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


West Fraser Timber Co.Ltd Dividend Yield % Related Terms

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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.

West Fraser Timber Co.Ltd (TSX:WFG) Headlines