Glatfelter Corporation Declares Dividend of $0.14 per Common Share

Glatfelter Corporation (NYSE: GLT) has announced a cash dividend of $0.14 per share for its outstanding common stock.

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Rhea-AI Summary

Glatfelter Corporation (NYSE: GLT) has announced a cash dividend of $0.14 per share for its outstanding common stock. This dividend will be payable on November 1, 2021, to shareholders on record as of October 1, 2021. The company, based in Charlotte, NC, is a leading supplier of engineered materials, serving various sectors including tea and coffee filtration, personal hygiene, and packaging. With annual sales close to $1 billion and over 2,550 employees, Glatfelter operates twelve manufacturing facilities globally.

Positive

Declared a cash dividend of $0.14 per share, reflecting confidence in financial stability.
Annualized net sales approximate $1 billion, indicating strong revenue generation.

Negative

None.

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-2.58% session move Open Argus

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News Market Reaction – GLT

The recorded move for GLT in the trading session of this news was -2.58%.

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09/15/2021 - 04:51 PM EDT

CHARLOTTE, N.C., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) today announced that its Board of Directors declared a $0.14 per share cash dividend on its outstanding common stock. The dividend is payable on November 1, 2021, to all shareholders of record as of the close of business on October 1, 2021.

About Glatfelter

Glatfelter is a leading global supplier of engineered materials. The Company’s high-quality, innovative, and customizable solutions are found in tea and single-serve coffee filtration, personal hygiene, and packaging products as well as home improvement and industrial applications. Headquartered in Charlotte, NC, the Company’s annualized net sales approximate $1 billion with customers in over 100 countries and approximately 2,550 employees worldwide. Operations include twelve manufacturing facilities located in the United States, Canada, Germany, France, the United Kingdom, and the Philippines. Additional information about Glatfelter may be found at www.glatfelter.com.

Contacts:
Investors:	Media:
Ramesh Shettigar	Eileen L. Beck
(717) 225-2746	(717) 225-2793
ramesh.shettigar@glatfelter.com	eileen.beck@glatfelter.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Glatfelter Corporation (GLT)?

Glatfelter Corporation has declared a cash dividend of $0.14 per share.

When is the dividend payable to shareholders of Glatfelter Corporation (GLT)?

The dividend is payable on November 1, 2021.

What is the record date for the dividend distribution of Glatfelter Corporation (GLT)?

The record date for the dividend distribution is October 1, 2021.

Glatfelter Corporation Declares Dividend of $0.14 per Common Share