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

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

October 31, 2024 4:30 PM EDT

Selected Highlights

Third quarter Operating EBITDA* increased by 35% to $50.5 million (net loss of $17.6 million) from $37.5 million (net loss of $26.0 million) in the same quarter of 2023Continued strength in softwood pulp marketsPulp volumes in the third quarter impacted by unplanned downtimeQuarterly cash dividend of $0.075 per share

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported third quarter 2024 Operating EBITDA of $50.5 million, an... More