Glatfelter Declares Dividend of $0.135 per Common Share

Rhea-AI Summary

On December 18, 2020, Glatfelter (NYSE: GLT) announced a cash dividend of $0.135 per share on its outstanding common stock. This dividend is payable on February 1, 2021, to shareholders recorded by the close of business on January 4, 2021. Glatfelter operates as a global supplier of engineered materials, with net sales approximating $925 million and manufacturing facilities across several countries. The company serves diverse markets including tea filtration, personal hygiene, and packaging.

Positive

• Declared a cash dividend of $0.135 per share, reflecting confidence in financial health.
• Strong annual net sales of approximately $925 million, indicating robust market presence.

Negative

• None.

CHARLOTTE, N.C., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT), today announced that its board of directors declared a $0.135 per share cash dividend on its outstanding common stock. The dividend is payable on February 1, 2021, to all shareholders of record as of the close of business on January 4, 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 annual net sales approximate $925 million with customers in over 100 countries and approximately 2,500 employees worldwide. Operations include eleven 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

What is the dividend amount for Glatfelter (GLT)?

Glatfelter (GLT) declared a dividend of $0.135 per share.

When will the Glatfelter (GLT) dividend be paid?

The dividend will be payable on February 1, 2021.

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

The record date for the dividend is January 4, 2021.

How often does Glatfelter (GLT) pay dividends?

Glatfelter typically pays dividends quarterly, although this should be confirmed with each announcement.