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Western Forest Products Inc. (WEF.TO)
- CNW Group
Western Forest Products Inc. Announces Election of Directors
Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") announces the following voting results in respect of the election of directors at its Annual General Meeting of Shareholders (the "Meeting") held today:
- CNW Group
Western Forest Products Inc. Increases Dividend
Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") announced today that its Board of Directors has approved an increase of 25% in the quarterly dividend. Western confirms that a quarterly dividend of $0.0125 per share will be paid with respect to the Company's second fiscal quarter of 2022 to shareholders of record as at the close of business on Friday, May 27, 2022 and payable on Friday, June 17, 2022.
- CNW Group
Western Announces First Quarter 2022 Results
Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") reported net income of $38.0 million and adjusted EBITDA(1) of $65.4 million in the first quarter of 2022. Record first quarter adjusted EBITDA was achieved by capitalizing on strong specialty product markets which helped us overcome global logistics constraints.
