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West Fraser declares its quarterly dividend

West Fraser Timber has declared a quarterly dividend of $0.30 USD per share on the common shares and Class B Common shares in the capital of the company. The dividend is payable on January 13, 2023, to shareholders of record on December 30, 2022, said the company in a press statement.

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 West Fraser’s website in the “Investors/Stock Information/Dividends” section.