|Bid||1.3400 x 0|
|Ask||1.3500 x 0|
|Day's range||1.3300 - 1.3750|
|52-week range||1.0300 - 2.2900|
|Beta (5Y monthly)||1.89|
|PE ratio (TTM)||3.94|
|Earnings date||16 Feb 2023|
|Forward dividend & yield||0.05 (3.68%)|
|Ex-dividend date||24 Nov 2022|
|1y target est||1.49|
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:
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.
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.