The executive committee of the board of directors of Weyerhaeuser Company today declared a dividend of 5 cents per share on the common stock of the corporation payable March 1 to shareholders of record at the close of business Jan. 29, 2010.
One of the world’s largest forest products companies, Weyerhaeuser was incorporated in 1900 in Tacoma. Its 2008 sales were $8 billion through offices or operations in 10 countries, with customers worldwide.

Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction and development.