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Stock impact report

Read This Before Considering West Fraser Timber Co. Ltd. (TSE:WFG) For Its Upcoming US$0.32 Dividend [Yahoo! Finance]

West Fraser Timber Co. Ltd Common stock (WFG) 
Company Research Source: Yahoo! Finance
TSE:WFG ) is about to go ex-dividend in the next 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase West Fraser Timber's shares before the 26th of September in order to be eligible for the dividend, which will be paid on the 11th of October. The company's next dividend payment will be US$0.32 per share, on the back of last year when the company paid a total of US$1.28 to shareholders. Based on the last year's worth of payments, West Fraser Timber has a trailing yield of 1.3% on the current stock price of CA$129.10. If you buy this business for its dividend, you should have an idea of whether West Fraser Timber's dividend is reliable and sustainable. As a result, readers should always Show less Read more
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