Sylvamo (SLVM) Raises Quarterly Dividend 50% to $0.45; 2.6% Yield
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Sylvamo Announces 50% Quarterly Dividend Increase
May 17, 2024 4:15 PM EDTMEMPHIS, Tenn.--(BUSINESS WIRE)-- Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2024, to Sept. 30, 2024. The dividend is payable July 29, 2024, to holders of record at the close of business July 8, 2024.
Im pleased our board approved increasing our quarterly dividend to 45 cents per share. This is the third increase in the last two years, highlighting our commitment to return substantial cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive... More
