Mercer Int'l (MERC) Declares $0.115 Quarterly Dividend; 3.7% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to Mercer Int'l (MERC) Declares $0.115 Quarterly Dividend; 3.7% Yield

Mercer International Inc. Reports Strong 2017 First Quarter Results and Announces Quarterly Cash Dividend of $0.115

April 27, 2017 4:30 PM EDT

NEW YORK, April 27, 2017 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (TSX:MERC.U) today reported strong results for the first quarter ended March 31, 2017. Operating EBITDA* in the first quarter of 2017 increased by approximately 33% to $60.2 million from $45.3 million in the same quarter of 2016 and from $57.8 million in the prior quarter.

For the first quarter of 2017, net income increased to $9.7 million, or $0.15 per basic and diluted share, after giving effect to a loss of $10.7 million ($0.17 per basic and $0.16 per diluted share) on the redemption of our outstanding 7.0% senior notes due 2019 (the... More