Brilliant Tax Savings Move by Weyerhaeuser

Weyerhaeuser Company (NYSE:WY)

Weyerhaeuser Company (NYSE:WY) will watch its tax rate drop from 35% to 0%, that's right Zero when they convert to a REIT in 2010. 

Weyerhaeuser Cuts Dividend by 58%

U.S. Quarter - 25 Cents USD

Weyerhaeuser Company (NYSE:WY) just cut their dividend from 60 cents per share to just 25 Cents, WY shares are down 7% on the news.

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