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West Fraser declares its quarterly dividend

West Fraser Timber has declared a quarterly dividend of US$0.30 per share on the common shares and Class B common shares in the capital of the company, payable on October 13, 2023 to shareholders of record on September 27, 2023.

The company states that dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on the company’s website in the “Investors/Stock Information/Dividends” section.