Weyerhaeuser Announces Tax Treatment of Dividend Distributions Made in 2011

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Jan 17, 2012, 09:07 ET

FEDERAL WAY, Wash., Jan. 17, 2012 /PRNewswire/ -- For shareholders of Weyerhaeuser Company (NYSE: WY), the total dividend distributions made in 2011 per share of Common Stock Cusip 96216610 traded under the symbol WY are to be classified for income tax purposes as Capital Gain Distribution.

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The dividends, totaling $.60 per share, were paid quarterly as follows: $0.15 on March 15, 2011; $0.15 on June 1, 2011; $0.15 on Sept. 18, 2011; and $0.15 on Dec. 1, 2011. These dividends are classified for income tax purposes as 100% Capital Gain Distribution.

Shareholders are encouraged to consult their tax advisor to determine the specific effect these distributions may have on their individual tax situation. The information above relates solely to distributions made in 2011.

Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage 22 million acres of timberland worldwide on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2010, we employed approximately 14,000 employees in 10 countries. We have customers worldwide and generated $6.6 billion in sales in 2010. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com.

For more information contact:

Media – Xan McCallum, 253-924-3781
Analysts – Kathryn McAuley, 253-924-2058

SOURCE Weyerhaeuser Company