Mercer Int'l (MERC) Declares $0.125 Quarterly Dividend; 2.9% Yield

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Mercer International Inc. Reports Strong 2018 Third Quarter Results and Announces Quarterly Cash Dividend of $0.125

October 25, 2018 4:30 PM EDT

Selected Highlights

Third quarter net income of $41.2 million ($0.63 per share) and Operating EBITDA* of $86.7 millionStable pulp price realizations in the quarterCompleted majority of 2018 annual pulp mill maintenance and capital spending

NEW YORK, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported strong results for the third quarter ended September 30, 2018 due to higher pulp sales realizations. Operating EBITDA in the current quarter was $86.7 million compared to $64.3 million in the third... More