West Fraser Declares Dividend

Core Points - West Fraser Timber Co. Ltd. has declared a quarterly dividend of US$0.32 per share on its Common and Class B Common shares, payable on October 11, 2024, to shareholders of record on September 26, 2024 [1] - The declared dividends are eligible dividends under the Income Tax Act (Canada) and applicable provincial legislation, and they are payable in U.S. dollars, with an option for shareholders to receive them in Canadian dollars [2] - West Fraser is a diversified wood products company operating over 60 facilities across Canada, the United States, the United Kingdom, and Europe, focusing on sustainable forest practices [3] Company Overview - West Fraser produces a variety of products including lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and renewable energy [3] - The company's products are utilized in home construction, repair and remodeling, industrial applications, and for producing papers, tissue, and box materials [3]