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Glatfelter Increases Quarterly Dividend to $0.14 per Common Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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dividends
CHARLOTTE, N.C., May 06, 2021 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT) today announced that its Board of Directors declared a $0.14 per share cash dividend on its outstanding common stock. The new dividend amount represents a 3.7% increase compared to the prior quarterly amount. The dividend is payable on August 2, 2021, to all shareholders of record as of the close of business on July 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.
company overview headquartered in york, pennsylvania, glatfelter is a global manufacturer of specialty papers and engineered products, offering over a century of experience, technical expertise and world-class service. u.s. operations include facilities in spring grove, pennsylvania, and chillicothe and freemont, ohio. international operations include facilities in germany, france, uk, canada, the philippines and representative offices in china and russia. the company was started by philip h. glatfelter in 1864 and has grown dramatically throughout the years. currently, glatfelter’s sales exceed $1 billion annually and its common stock is traded on the new york stock exchange under the ticker symbol glt. glatfelter and its subsidiaries employ over 4,400 people worldwide. paralleling the commitment to quality products is glatfelter’s dedication to environmental responsibility and sustainability. environmental responsibility is a core value and a key element of glatfelter’s sustain
