West Fraser Timber Co. Ltd. (WFG) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, WFG has returned more capital to shareholders through its dividend issuances than only 10.34% of other dividend-paying US stocks.
- As for free cash flow, WFG has greater average cash flow over the past 0 years than 81.48% US-listed dividend payers.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -19.42 -- higher than 7.96% of other dividend issuers in the US.
WFG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $91.88 | $13.99 | -84.57% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of WFG, the dividend discount model StockNews created for the company implies a negative return of 84.57%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for West Fraser Timber Co Ltd are:
- WFG generates about 11 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than merely 18.25% of companies in the large revenue class.
- West Fraser Timber Co Ltd's dividend growth rate is higher than merely 15.32% of stocks in its sector (Basic Materials).
- In terms of opportunity, WFG's provides a return of -84.57% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 8.7% of all stocks we measured with our dividend discount model.
WFG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-26 | Dividend | $0.56 | -13.10% |
| 2024-06-26 | Dividend | $0.64 | +7.01% |
| 2024-03-14 | Dividend | $0.60 | +99.67% |
| 2023-09-26 | Dividend | $0.30 | -- |
| 2023-06-20 | Dividend | $0.30 | -50.17% |
| 2023-03-16 | Dividend | $0.60 | +100.67% |
| 2022-12-29 | Dividend | $0.30 | -- |
| 2022-09-21 | Dividend | $0.30 | -- |
| 2022-06-21 | Dividend | $0.30 | +20.00% |
| 2022-03-17 | Dividend | $0.25 | +25.00% |
| 2021-12-27 | Dividend | $0.20 | -50.12% |
| 2021-12-24 | Dividend | $0.40 | +102.53% |
| 2021-09-22 | Dividend | $0.20 | -4.35% |
| 2021-06-18 | Dividend | $0.21 | -- |
| 2014-01-15 | Split |
WFG Dividends vs. Peers
WFG's dividend yield currently ranks #5 of 9 vs. its peers in the Industrial - Wood category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | RRIF | Rainforest Resources Inc. | 0.00% |
| 2 | BCC | Boise Cascade, L.L.C. | 0.00% |
| 3 | STLJF | Stella-Jones Inc. | 0.00% |
| 4 | CFPZF | Canfor Corporation | 0.00% |
| 5 | WFG | West Fraser Timber Co. Ltd. | 0.00% |
| 6 | JCTCF | ewett-Cameron Trading Co. Ltd. | 0.00% |
| 7 | UFPI | Universal Forest Products, Inc. | 0.00% |
| 8 | EVA | Enviva Inc. | 0.00% |
| 9 | DEL | Deltic Timber Corporation | 0.00% |