5 Stocks that Paid Special Dividends in 2024

2. Weyerhaeuser Company (NYSE:WY)

Number of Hedge Fund Holders: 30

Weyerhaeuser Company (NYSE:WY) is an American real estate investment trust company that primarily operates in the timber, land, and forest products industry. The company is involved in the cultivation, harvesting, and sale of timber, as well as the production and distribution of related products. On February 9, the company declared a 5% hike in its quarterly dividend to $0.20 per share. The stock’s dividend yield on March 14 came in at 2.34%. On January 25, the company also declared a special dividend of $0.14 per share, which makes WY one of the best special dividend stocks on our list.

Weyerhaeuser Company (NYSE:WY) ended the fourth quarter of 2023 with 30 hedge fund positions, up from 24 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a collective value of over $255.8 million.

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