Is It Safe? Weyerhaeuser Dividends in Doubt
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TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
Weyerhaeuser(WY Quote) has slashed its dividend by more than half, but it's unclear if the company will be able to generate enough profit to keep paying it.
Analysts expect the lumber producer to lose money at least through next year. If the homebuilding industry doesn't recover, the company might have to reduce or eliminate quarterly payments to shareholders. Last month, Weyerhaeuser slashed its dividend to 25 cents a share from 60 cents.
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