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Weyerhaeuser declares 15-cent dividend

October 13, 2011

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FEDERAL WAY, Wash.—Weyerhaeuser Co., one of the world's largest lumber companies, said Thursday its board of directors declared a dividend of 15 cents.

The dividend is payable Dec. 1 to shareholders of record on Nov. 11.

Shares of Weyerhaeuser fell 25 cents to close at $16.70.