Glatfelter (GLT) Declares $0.12 Quarterly Dividend; 2.9% Yield
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Go back to Glatfelter (GLT) Declares $0.12 Quarterly Dividend; 2.9% Yield
December 10, 2015 12:49 PM EST
YORK, Pa.--(BUSINESS WIRE)--
Glatfelter (NYSE: GLT) announced today that its Board of Directors
declared a $0.12 per share cash dividend on its outstanding common
stock. The dividend is payable on February 2, 2016 to shareholders of
record as of the close of business on January 4, 2016.... More
December 10, 2015 6:50 AM EST
YORK, Pa.--(BUSINESS WIRE)--
Glatfelter (NYSE: GLT) announced today that it will invest approximately
$80 million to build a new production facility in the United States for
its Advanced Airlaid Materials business (AMBU). The Company is currently
evaluating location options, primarily in the southern United States.
Our Advanced Airlaid Materials business is a global growth platform
that has a unique opportunity to capitalize on increasing and unmet
demand in North America for the materials used in lighter-weight hygiene
and disposable wipes products, said Dante C. Parrini, Chairman and
Chief Executive Officer.... More
