West Fraser Timber Co. declared a quarterly dividend of CAD 0.11 per share on the common shares and Class B common shares in the capital of the company, payable on October 10, 2017 to shareholders of record on September 26, 2017. The new dividend represents an increase from the previous quarterly dividend of CAD 0.04 per share.
In 2Q2017 West Fraser increased Adjusted EBITDA margin to 23.1%.
About West Fraser Timber:
The company is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.