West Fraser Timber Increases Quarterly Dividend
Ticker: WFG · Form: 6-K · Filed: Jun 12, 2024 · CIK: 1402388
| Field | Detail |
|---|---|
| Company | West Fraser Timber Co., Ltd (WFG) |
| Form Type | 6-K |
| Filed Date | Jun 12, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, financial-news
TL;DR
West Fraser just hiked its quarterly dividend, signaling strong financials.
AI Summary
West Fraser Timber Co. Ltd. announced on June 12, 2024, an increase in its quarterly dividend. The company, headquartered in Vancouver, British Columbia, Canada, filed a Form 6-K report detailing this dividend increase.
Why It Matters
An increased dividend signals confidence from management in the company's financial health and future earnings potential, which can be attractive to investors.
Risk Assessment
Risk Level: low — The filing is a routine report of a dividend increase, not indicating any significant new risks.
Key Players & Entities
- WEST FRASER TIMBER CO., LTD (company) — Registrant
- June 12, 2024 (date) — Date of news release
- Vancouver, British Columbia (location) — Company headquarters
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to report a news release dated June 12, 2024, regarding West Fraser Timber Co. Ltd. increasing its quarterly dividend.
What is the company's principal executive office address?
The company's principal executive office is located at 885 West Georgia Street, Suite 1500, Vancouver, British Columbia, Canada V6C 3E8.
Which form does West Fraser Timber Co. Ltd. file annually?
West Fraser Timber Co. Ltd. files its annual reports under cover of Form 40-F.
What is the Commission File Number for West Fraser Timber Co. Ltd.?
The Commission File Number for West Fraser Timber Co. Ltd. is 001-39974.
What is the SIC code for West Fraser Timber Co. Ltd.?
The Standard Industrial Classification (SIC) code for West Fraser Timber Co. Ltd. is 2421, which corresponds to Sawmills, Planning Mills, General.
Filing Stats: 206 words · 1 min read · ~1 pages · Grade level 10.6 · Accepted 2024-06-12 17:12:55
Filing Documents
- d843872d6k.htm (6-K) — 8KB
- d843872dex991.htm (EX-99.1) — 8KB
- g843872page01.jpg (GRAPHIC) — 7KB
- 0001193125-24-160035.txt ( ) — 27KB
From the Filing
6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2024 Commission File No. 001-39974 WEST FRASER TIMBER CO. LTD. (Translation of registrants name into English) 885 West Georgia Street, Suite 1500 Vancouver, British Columbia Canada V6C 3E8 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) SUBMITTED HEREWITH Exhibits 99.1 News release dated June 12, 2024 re: West Fraser Increases Quarterly Dividend -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: June 12, 2024 WEST FRASER TIMBER CO. LTD. /s/ Christopher A. Virostek Christopher A. Virostek Senior Vice-President, Finance and Chief Financial Officer