Jun 27, 2008. /Lesprom.com/. The executive committee of the board of directors of Weyerhaeuser Company on June 25 declared a dividend of $0.60 per share on the common stock of the corporation payable August 25, 2008 to shareholders of record at the close of business August 1, 2008. Weyerhaeuser Company, one of the world’s largest forest products companies. The Company is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities.