GrafTech Announces Second Quarter 2022 Cash Dividend

Rhea-AI Summary

The Board of Directors of GrafTech International Ltd. (NYSE:EAF) declared a quarterly cash dividend of $0.01 per share for stockholders of record as of May 31, 2022. This dividend will be paid on June 30, 2022. GrafTech is a leading manufacturer of high-quality graphite electrode products crucial for electric arc furnace steel production. The company operates 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.
• Vertical integration into petroleum needle coke enhances product quality and cost.

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• 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 May 31, 2022, to be paid on June 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/20220510006104/en/

Michael Dillon

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 June 30, 2022.

What is the record date for the dividend declaration?

The record date for the dividend is May 31, 2022.

How does GrafTech's vertical integration benefit its operations?

GrafTech's vertical integration into petroleum needle coke provides competitive advantages in product quality and cost.