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GrafTech Announces First Quarter 2023 Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Board of Directors of GrafTech International Ltd. (NYSE:EAF) has declared a quarterly cash dividend of $0.01 per share for stockholders of record as of February 28, 2023. This dividend will be paid on March 31, 2023. GrafTech is a leading manufacturer of high-quality graphite electrodes, essential for producing steel and metals. The company boasts three of the highest capacity manufacturing facilities globally and is vertically integrated into petroleum needle coke, enhancing its competitive edge in product quality and cost.
Positive
Declared a quarterly cash dividend of $0.01 per share.
Payment date set for March 31, 2023.
Vertically integrated into petroleum needle coke, providing cost advantages.
Negative
None.
BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--
The Board of Directors of GrafTech International Ltd. (NYSE:EAF) (the “Company”) declared a quarterly cash dividend of $0.01 per share to stockholders of record as of the close of business on February 28, 2023, to be paid on March 31, 2023.
About GrafTech
GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, including three of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, a key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost.