Mercer Int'l (MERC) Declares $0.125 Quarterly Dividend; 3.8% Yield

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Go back to Mercer Int'l (MERC) Declares $0.125 Quarterly Dividend; 3.8% Yield

Mercer International Inc. Announces Record 2017 Fourth Quarter and Near Record Year End Results and Quarterly Cash Dividend of $0.125

February 15, 2018 4:30 PM EST

Selected Highlights

Higher pulp prices and sales volumes contributed to very strong 2017 fourth quarter and year end net income of $41.7 million and $70.5 million and record Operating EBITDA* of $89.1 million in the current quarter and $252.3 million for 2017;Record pulp, energy and chemical production and sales volumes in 2017; andFriesau sawmill continuing to perform ahead of plan.

NEW YORK, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (TSX:MERC.U) today reported strong results... More