Misreporting on Weyerhaeuser
Timberland and timber REIT (real estate investment trust ) investors continue to wade through "erroneous and underreported analysis in financial outlets" writes Forisk blog which is a forest economics research firm. In a recent article Weyerhaeuser , now structured as a REIT, was called the worst performers in S&P. The Forisk blog show the comparative performance of the three publicly traded timber REITs: Plum Creek (PCL), Rayonier (RYN), Potlatch (PCH); and Weyerhaeuser. Read blogg
There are also reports far more positive about Weyerhaeuser
Barclays on the other hand ranks Weyerhaeuseras one if its best stock ideas for 2011 according to Yahoo in December 31. REITs are required to pay out the majority of their income to shareholders, but the distributions do not qualify for dividend tax treatment. Still, these companies offer high-yielding shares.
Weyerhaeuser's management just provided dividend guidance for 2011 and is expecting to pay out 60 cents for the fiscal year, equaling a yield of roughly 3.2% writes Yahoo.