Highest Paying Dividend Stocks – In Focus WY

Weyerhaeuser is one of the highest paying dividend stocks we cover. But our goal in this report is to determine if it is also one of the best dividend paying stocks we cover.

Background

Weyerhaeuser Company (WYE) is organized as a real estate investment trust (REIT). However, its primary business is in growing and harvesting timber, as well as manufacturing, distributing and marketing products made from timber.

The company owns nearly seven million acres of timberland, primarily in the United States. And it manages another 14 million acres under long-term licenses in Canada. The company’s three operational segments include Timberland, Wood Products, and Cellulose Fibers.

Weyerhaeuser was founded in 1900 in Longview, Washington. And it is currently headquartered in Federal Way, Washington.

Stock Fundamentals

Like many firms (particularly real estate firms) WYE has shown little growth in sales over the previous seven – eight years. Also, like many firms, it cut its dividend during or just after the market meltdown of 2008 / 2009.

However, unlike many firms, it has shown a decent increase in its profits with a corresponding increase in cash flow from operations since that time. Furthermore, WYE’s financial strength is at least average, and its growth prospects are even more favorable.

But, despite its high dividend yield, WY is a rather expensive firm. On most of the popular price multiples, it is richly priced. The market seems to have recognized whatever favorable qualities WY has over its peers. WY is not a company we consider to be one of the best dividend paying stocks we cover.

Stat Sheet – Weyerhaeuser Company 4/13/16

  Information
Ticker WY
Industry Forestry & Wood Products
Price $ 31.77
Market Cap  $ 16,339
Dividend Yield 3.90
Dividend/CFOp 0.620
Equity/Assets 0.379
Average Equity/Assets 0.345
Financial Strength Average
Growth Prospects Above Average
Beta 1.3
Price Volatility Average
Stock Fundamentals C

(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016.)

If you would like to see the highest paying dividend stocks that we feel are also the best dividend paying stocks we cover, click the link below.

Best Monthly Dividend Stocks and More

Disclaimer – Information contained herein has been obtained from sources believed to be reliable. Neither the author nor the publisher guarantees the accuracy or completeness of the information and methods described. This information is offered as general commentary only. It is not intended as investment advice. Investment and trading of securities involves risk, including of loss of capital. Market conditions change over time, and no assurance can be given that a reader may apply the principles described to make a profit. The author and publisher expressly disclaim all and any liability to any person for any investment or trading decisions that the reader may make in reliance on this information.

 

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Highest Paying Dividend Stocks – In Focus WY

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