Jan 04, 2010. /Lesprom Network/. The executive committee of the Board of Directors of Weyerhaeuser Company declared a dividend of 5 cents per share on the common stock of the corporation payable March 1, 2010, to shareholders of record at the close of business January. 29, 2010, the company said in a press release received by Lesprom Network. Weyerhaeuser Company, one of the world's largest forest products companies. It has offices or operations in 10 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction and development.