National

West Fraser Timber raising quarterly dividend

Darpan News Desk The Canadian Press, 08 Jun, 2022 09:39 AM

VANCOUVER - West Fraser Timber Co. Ltd. is raising its quarterly dividend by 20 per cent.

The company says it will now pay a quarterly dividend of 30 cents US per share starting with its July 8 payment to shareholders of record on June 22.

West Fraser had paid a quarterly dividend of 25 cents US per share.

The company says the increased payment to shareholders follows its recent share buyback plan that reduced its number of shares outstanding.

West Fraser produces lumber, engineered wood products, pulp, newsprint, wood chips, other residuals and renewable energy.

It has more than 60 facilities in Canada, the United States, the United Kingdom and Europe.

Prev Next

MORE National ARTICLES

PHAC tries to get idea of how many have long COVID

The Public Health Agency of Canada and Statistics Canada have launched a survey to try to get a broad idea of how common it is for people to feel lingering effects after COVID-19 infection, which can be difficult to identify and even harder to track.

PHAC tries to get idea of how many have long COVID

Man dies following police-involved shooting: VPD

VPD officers were responding to reports of an assault with a weapon inside the Patricia Hotel, at East Hastings and Dunlevy Avenue, just after 4 p.m. Thursday, when they were confronted by a man. An altercation ensued and shots were fired.

Man dies following police-involved shooting: VPD

14 year old girl dead after collision in Burnaby

The driver of the dump truck and trailer unit stayed at the scene and police say impairment is not believed to have been a factor. Burnaby RCMP’s criminal collision investigation team is leading the case.

14 year old girl dead after collision in Burnaby

Woman physically assaulted by man in underground parking lot: Surrey RCMP

On Thursday, May 5, 2022, at 2:24 a.m., Surrey RCMP received a report of a woman screaming and a fire alarm ringing in the 13500-block of Old Yale Road. Officers attended the area and located a woman who had been physically assaulted by a man in the staircase of an underground parking lot. The man had fled the area prior to police being called.

Woman physically assaulted by man in underground parking lot: Surrey RCMP

17 year old girl's head punched several times in an unprovoked attack on a bus

On Friday, April 1, 2022, just before 2 p.m., a 17-year-old girl boarded a route 335 bus headed to Newton Exchange in Surrey, made her way to the back of the bus and sat down. At an unknown point in the journey, a man boarded the same bus and began acting erratically while heading to the back of the bus, where he sat near the teen.

17 year old girl's head punched several times in an unprovoked attack on a bus

Gangster, Jimi Sandhu, who died in plane crash was ex-soldier

Gene Lahrkamp and Matthew Dupre have been accused in the Feb. 4 death of Jimi Sandhu in Phuket and police have said they fled to Canada following the incident.