GrafTech Announces Fourth Quarter 2022 Cash Dividend

Rhea-AI Summary

The Board of Directors of GrafTech International Ltd. (NYSE:EAF) has announced a quarterly cash dividend of $0.01 per share, payable to stockholders of record as of November 30, 2022. The payment date is set for December 30, 2022. GrafTech is a prominent manufacturer of high-quality graphite electrode products crucial for electric arc furnace steel production. The company benefits from significant vertical integration into petroleum needle coke, enhancing its competitive edge in quality and cost.

Positive

• Declared a quarterly cash dividend of $0.01 per share, signaling confidence in shareholder returns.
• Strong competitive position due to vertical integration into petroleum needle coke, reducing raw material costs.

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 November 30, 2022, to be paid on December 30, 2022.

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/20221110005841/en/

Michael Dillon

216-676-2000

Source: GrafTech International Ltd.

FAQ

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

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

When will the dividend be paid to GrafTech shareholders?

The dividend will be paid on December 30, 2022.

What is the record date for GrafTech's dividend?

The record date for the dividend is November 30, 2022.

How does GrafTech's vertical integration benefit shareholders?

GrafTech's vertical integration into petroleum needle coke helps reduce raw material costs, enhancing profitability.