You will see an appropiate adjustment in the stock price when they do it.
Weyerhaeuser gains 6% on special dividend plan
SAN FRANCISCO (MarketWatch) -- Weyerhaeuser Co. shares rose 6% to $38.11 Monday after the forest products company said it would pay shareholders a special one-time dividend worth $5.6 billion. The dividend, to be paid Sept. 1 to shareholders of record July 22, is part of Weyerhaeuser's plan to convert to a real estate investment trust. Shareholders can elect stock or cash for the special dividend, with the total cash payment limited to 10%, or $560 million, of the total distribution, the company said. If cash elections exceed the approved amount, shareholders will receive a pro-rata amount...
