Glatfelter Corporation Declares Dividend of $0.14 per Common Share

Rhea-AI Summary

Glatfelter Corporation (NYSE: GLT) announced a cash dividend of $0.14 per share on its common stock. The dividend is payable on May 1, 2022, to shareholders of record as of April 1, 2022.

Headquartered in Charlotte, NC, Glatfelter is a global leader in engineered materials, boasting approximately $1.4 billion in annualized net sales and over 3,300 employees. The company specializes in innovative nonwoven solutions for various industries, emphasizing sustainability and technology.

Positive

• Declaration of a dividend of $0.14 per share indicates company confidence.
• Strong annualized net sales of $1.4 billion highlighting business stability.

Negative

• None.

CHARLOTTE, N.C., Feb. 18, 2022 (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 May 1, 2022, to all shareholders of record as of the close of business on April 1, 2022.

About Glatfelter

Glatfelter is a leading global supplier of engineered materials with a strong focus on innovation and sustainability. The Company’s high quality, technology-driven, innovative, and customizable nonwovens solutions can be found in products that are Enhancing Everyday Life®. These include personal care and hygiene products, food and beverage filtration, critical cleaning products, medical and personal protection, packaging products, as well as home improvement and industrial applications. Headquartered in Charlotte, NC, the Company’s annualized net sales approximate $1.4 billion with over 3,300 employees worldwide. Glatfelter’s operations utilize a variety of manufacturing technologies including airlaid, wetlaid and spunlace with sixteen manufacturing sites located in the United States, Canada, Germany, the United Kingdom, France, Spain, and the Philippines. The Company has sales offices in all major geographies serving customers under the Glatfelter and Sontara brands. 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

 

 

FAQ

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

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

When will Glatfelter's dividend be paid?

The dividend will be paid on May 1, 2022.

What is the record date for Glatfelter's dividend?

The record date for the dividend is April 1, 2022.

How is Glatfelter performing financially?

Glatfelter has reported annualized net sales of approximately $1.4 billion.