Mercer Int'l (MERC) Declares $0.075 Quarterly Dividend; 3.2% Yield
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Mercer International Inc. Reports First Quarter 2023 Results and Announces Quarterly Cash Dividend of $0.075
May 4, 2023 4:30 PM EDTSelected Highlights
First quarter Operating EBITDA* of $27.5 million and net loss of $30.6 millionMass Timber business continues to grow its cross-laminated timber order bookQuarterly cash dividend of $0.075 per shareNEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2023 Operating EBITDA of $27.5 million, net of a $15.2 million non-cash inventory impairment charge, a decrease from $154.5 million in the first quarter of 2022 and $96.1 million in the fourth quarter of 2022.
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