Weyerhauser Company (NYSE:WY) maintained its quarterly dividend of 15 cents per share. The dividend will be payable June 1, 2012, to shareholders of record at the close of business May 11, 2012 and represent an approximate yield of 2.9 percent on the current stock price.
Shares are lower by about nine tenths of a percent.
In other dividend news, Shaw Communications Incorporated (NYSE:SJR) maintained its monthly dividend of 8.0833 cents per share.
Among dividend increases, Dow Chemical Company (NYSE:DOW) announced its quarterly dividend of 32 cents per share, an increase of about 28% over its prior dividend in March of 25 cents.
Among dividend reductions, KB Home (NYSE:KBH) announced its quarterly dividend of 2.5 cents per share, a decrease of about 60% from its prior dividend in February
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