REIT - Specialty Industry | Real Estate Sector | Mr. Devin W. Stockfish Esq., J.D. CEO | NYSE Exchange | US9621661043 ISIN |
United States Country | 9,300 Employees | 30 Aug 2024 Last Dividend | 3 Jun 1988 Last Split | 3 May 1973 IPO Date |
The Weyerhaeuser Company stands as a titan in the realm of timberland ownership and forestry, tracing its origins back to 1900. Having evolved into one of the globe's most substantial private timberland owners, the company commands around 11 million acres of timberlands within the United States. It extends its stewardship ethic beyond its home borders to Canada, where it manages additional forestry lands through long-term license agreements. The blueprint of Weyerhaeuser's operations is carefully drawn to adhere to the highest forestry standards recognized globally, ensuring a commitment to sustainable management. This stewardship, combined with its significant foothold in the North American wood product manufacturing sector, not only underscores its environmental responsibility but also its economic impact. As a Real Estate Investment Trust (REIT), it accomplished a commendable $10.2 billion in net sales in 2022 and proudly maintains a robust workforce of approximately 9,200 employees dedicated to serving a worldwide customer base. Weyerhaeuser's financial health and operational milestones are encapsulated in its public trading identity on the New York Stock Exchange, where it is listed under the symbol WY.