Glatfelter Declares Dividend of $0.135 per Common Share
On December 18, 2020, Glatfelter (NYSE: GLT) announced a cash dividend of $0.135 per share on its outstanding common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – GLT
The recorded move for GLT in the trading session of this news was +1.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT), today announced that its board of directors declared a
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
| Contacts: | |
| Investors: | Media: |
| Ramesh Shettigar | Eileen L. Beck |
| (717) 225-2746 | (717) 225-2793 |
| ramesh.shettigar@glatfelter.com | eileen.beck@glatfelter.com |
FAQ
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