Resolute Forest Products (RFP) Declares $1.50 Special Dividend; 11.5% Yield
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Resolute Reports Record Preliminary Third Quarter 2018 Results and Declares Special Dividend
November 1, 2018 7:00 AM EDTUS $
Q3 GAAP net income of $117 million or $1.25 per diluted share Adjusted EBITDA of $189 million Net debt to trailing 12 month adjusted EBITDA drops to 1.0; liquidity at $654 million Completion of the sale of Fairmont for $62 million Special dividend of $1.50 per shareMONTRÉAL, Nov. 1, 2018 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended September 30, 2018, of $117 million, or $1.25 per diluted share, compared... More
