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Resolute Forest Products (RFP) Declares $1.00 Special Dividend; 7.7% Yield; Pledges $50M in Lumber Investments

Go back to Resolute Forest Products (RFP) Declares $1.00 Special Dividend; 7.7% Yield; Pledges $50M in Lumber Investments

Resolute Announces $1/share Special Dividend and $50 million in Lumber Investments

June 10, 2021 5:05 PM EDT

US $

Declared special cash dividend of $1.00 per share Announced $50 million in additional lumber projects Reduced debt by $180 million in Q2

MONTRÉAL, June 10, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today declared a special cash dividend of $1.00 per share of common stock, payable on July 7 for holders of record at the close of business on June 28. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all... More