Weyerhaeuser, what is it doing?

[Angeladom]

I saw this morning that Weyerhaeuser closed at a price exactly less their special dividend amount. It is complexing and perplexing.

[Anitaflops]

Can anyone explain this to me?

[AnmilesMom]

http://onlinetradersforum.com/attachments/wy-gif.5508/

[Albertsmact]

Turning into a REIT.

[AnnaDub]

Normally stocks drop in price by the amount of the dividend after the ex-dividend date...