Slide 1: Weyerhaeuser Company Dividend Guidance
WEYERHAEUSER COMPANY Dividend Guidance December 13, 2010 Exhibit 99.2
Slide 2: Forward-looking Statement
Forward-looking Statement This presentation contains statements concerning the company’s future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on various assumptions and may not be acc
Slide 3: 2011 Dividend Guidance
2011 Dividend Guidance Expect to pay quarterly dividend of 15 cents per share, or 60 cents per share on annualized basis First dividend payment expected to occur in March 2011 Board to declare actual dividend on quarterly basis Targeting dividend payout ratio of 75% of Funds Available for Distributi
Slide 4: Dividend Considerations
Dividend Considerations Macroeconomic climate Earning potential of the company Target capital structure Appropriate debt levels Long term liquidity Maintaining access to capital Affordability Future growth opportunities
Slide 5: 2011 Dividend Schedule
2011 Dividend Schedule Declaration Date Record Date Payment Date February 10 March 1 March 15 April 14 May 13 June 1 August 11 September 1 September 15 October 13 November 11 December 1
Slide 6: Expectations for 2011
Expectations for 2011 Longer-term outlook remains positive, but expect housing market in 2011 will not significantly improve as compared to 2010 Anticipate single-family housing starts of 525,000 in 2011 Expectations for business segments: Timberlands: Continuing to defer harvest, but expect harvest
Slide 7: Conclusion
Conclusion This action establishes a dividend that is attractive to shareholders – one that is sustainable and that we expect to grow over time