Mercer Int'l (MERC) Declares $0.075 Quarterly Dividend; 4.6% Yield

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Go back to Mercer Int'l (MERC) Declares $0.075 Quarterly Dividend; 4.6% Yield

Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075

August 8, 2024 4:30 PM EDT

Selected Highlights

Second quarter Operating EBITDA* of $30.4 million and net loss of $67.6 millionStrengthened pulp markets drive improvement in operating cash flows and liquidityQuarterly cash dividend of $0.075 per share

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2024 Operating EBITDA of $30.4 million, an increase from negative Operating EBITDA of $68.7 million in the same quarter of 2023 and a decrease from Operating EBITDA of $63.6 million in the first quarter of 2024.

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