Glatfelter Declares Dividend of $0.135 per Common Share

Rhea-AI Summary

Glatfelter (NYSE: GLT) declared a cash dividend of $0.135 per share on its common stock, payable on May 3, 2021, to shareholders of record by April 1, 2021. The company, headquartered in Charlotte, NC, reported annual net sales of approximately $916 million, serving customers in over 100 countries with around 2,415 employees. Glatfelter specializes in engineered materials for various applications, including filtration and packaging.

Positive

• Declared a cash dividend of $0.135 per share
• Dividend payment date set for May 3, 2021
• Stable annual net sales of approximately $916 million

Negative

• None.

News Market Reaction – GLT

-4.05%

-4.05% Session move

In the trading session that priced this news, GLT declined 4.05%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHARLOTTE, N.C., Feb. 18, 2021 (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 May 3, 2021, to all shareholders of record as of the close of business on April 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 annual net sales approximate $916 million with customers in over 100 countries and approximately 2,415 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)?

The dividend amount declared by Glatfelter (GLT) is $0.135 per share.

When is the dividend payment date for GLT shareholders?

Glatfelter's dividend payment date is May 3, 2021.

What is the record date for receiving the dividend for GLT?

The record date for Glatfelter's dividend is April 1, 2021.