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Western Forest Products (TSX:WEF) 3-Year Dividend Growth Rate : 18.20% (As of Dec. 2023)


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What is Western Forest Products 3-Year Dividend Growth Rate?

Western Forest Products's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

The historical rank and industry rank for Western Forest Products's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:WEF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -34   Med: 3.2   Max: 26
Current: 18.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Forest Products was 26.00% per year. The lowest was -34.00% per year. And the median was 3.20% per year.

TSX:WEF's 3-Year Dividend Growth Rate is ranked better than
71.55% of 116 companies
in the Forest Products industry
Industry Median: 6.75 vs TSX:WEF: 18.20

During the past 12 months, Western Forest Products's average Dividends Per Share Growth Rate was -20.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Western Forest Products's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Western Forest Products's Dividend Yield % is 4.55%.

Warning Sign:

Western Forest Products Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Western Forest Products's 3-Year Dividend Growth Rate

For the Lumber & Wood Production subindustry, Western Forest Products's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Forest Products's 3-Year Dividend Growth Rate Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Western Forest Products's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Forest Products's 3-Year Dividend Growth Rate falls into.



Western Forest Products 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Western Forest Products  (TSX:WEF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Western Forest Products's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ -0.042
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Western Forest Products was 0.47. The lowest was 0.08. And the median was 0.37.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Western Forest Products Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0132023-08-242023-08-252023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0132023-05-252023-05-262023-06-16Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Western Forest Products's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.026/0.55
=4.73 %

Current Share Price is C$0.55.
Western Forest Products's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.026.

During the past 13 years, the highest Dividend Yield of Western Forest Products was 15.08%. The lowest was 0.41%. And the median was 3.72%.

Warning Sign:

Western Forest Products Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Forest Products 3-Year Dividend Growth Rate Related Terms>


Western Forest Products (TSX:WEF) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.

Western Forest Products (TSX:WEF) Headlines

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