GrafTech Announces Fourth Quarter 2021 Cash Dividend

Rhea-AI Summary

The Board of Directors of GrafTech International Ltd. (NYSE:EAF) has declared a quarterly cash dividend of $0.01 per share. This dividend is for stockholders of record as of the close of business on November 30, 2021, and will be paid on December 31, 2021. GrafTech is a leading manufacturer of high-quality graphite electrode products, integral to electric arc furnace steel production, and is vertically integrated into petroleum needle coke, enhancing its competitive edge in manufacturing.

Positive

• Quarterly cash dividend of $0.01 per share enhances shareholder income.
• Vertically integrated production increases cost efficiency and product quality.

Negative

• None.

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- The Board of Directors of GrafTech International Ltd. (NYSE:EAF) declared a quarterly cash dividend of $0.01 per share to stockholders of record as of the close of business on November 30, 2021, to be paid on December 31, 2021.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104005672/en/

Adam Dible

216-676-2000

Source: GrafTech International Ltd.

FAQ

What is the dividend amount declared by GrafTech International Ltd.?

GrafTech International Ltd. declared a quarterly cash dividend of $0.01 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 31, 2021.

Who qualifies for the dividend from GrafTech?

Stockholders of record as of November 30, 2021, qualify for the dividend.

How does GrafTech's vertical integration impact its business?

GrafTech's vertical integration into petroleum needle coke enhances cost efficiency and product quality.