Glatfelter today announced that its board of directors increased its quarterly dividend to $0.12 per share on its outstanding common stock. The dividend is payable on May 1, 2015 to shareholders of record as of the close of business on April 2, 2015.
The new dividend rate of $0.12 per share represents a 9 percent increase compared to the prior rate and is the third consecutive annual increase.
Headquartered in York, PA, Glatfelter is a global manufacturer of specialty papers and fiber-based engineered materials, offering over a century of experience, technical expertise and world-class service. U.S. operations include facilities in Spring Grove, PA and Chillicothe and Fremont, OH. International operations include facilities in Canada, Germany, France, the United Kingdom and the Philippines, and sales and distribution offices in Russia and China. Glatfelter’s sales approximate $1.8 billion annually and its common stock is traded on the New York Stock Exchange under the ticker symbol GLT.
John P. Jacunski
William T. Yanavitch
Source : http://www.glatfelter.com/