Mercer Int'l (MERC) Raises Quarterly Dividend 10% to $0.1375; Approves $50M Buyback

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Go back to Mercer Int'l (MERC) Raises Quarterly Dividend 10% to $0.1375; Approves $50M Buyback

Mercer International Inc. Announces 10% Dividend Increase and $50 Million Common Stock Repurchase Program

May 2, 2019 4:38 PM EDT

NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company" or "Mercer") today announced that its board of directors has authorized a 10% increase to its quarterly dividend to $0.1375 per share from $0.125 per share.  

A quarterly dividend of $0.1375 per share will be paid on July 3, 2019 to all shareholders of record on June 24, 2019. Future dividends will be subject to approval of the Company's board of directors and may be adjusted as business and industry conditions warrant. In addition, Mercer announces that its board of directors has also... More