GrafTech Announces Third Quarter 2022 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 for stockholders on record as of August 31, 2022. The payment date is set for September 30, 2022. GrafTech is a leading manufacturer of graphite electrode products crucial for the production of electric arc furnace steel. The company boasts ultra-high power manufacturing facilities and is vertically integrated into petroleum needle coke, providing a competitive edge in quality and cost.

Positive

• Declared a quarterly dividend of $0.01 per share, indicating company confidence.
• Strong vertical integration in petroleum needle coke enhances product quality and cost efficiency.

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 August 31, 2022, to be paid on September 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/20220816005730/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 stockholders of GrafTech?

The dividend will be paid on September 30, 2022.

Who is eligible for the dividend declared by GrafTech?

Stockholders of record as of August 31, 2022, are eligible for the dividend.

What are the competitive advantages of GrafTech in the graphite electrode market?

GrafTech has a unique vertical integration into petroleum needle coke and operates ultra-high power manufacturing facilities.