Glatfelter Corporation Declares Dividend of $0.14 per Common Share

Rhea-AI Summary

Glatfelter Corporation (NYSE: GLT) announced a cash dividend of $0.14 per share on its common stock, payable on February 1, 2022. The dividend will benefit all shareholders of record as of January 3, 2022. With annualized net sales of approximately $1.4 billion, Glatfelter is known for its innovative, technology-driven nonwoven solutions for various industries, including personal care, food filtration, and packaging. Headquartered in Charlotte, NC, the company operates 16 manufacturing sites across multiple countries.

Positive

• Declaration of a $0.14 per share cash dividend.
• Dividend supports shareholder income.
• Strong annualized net sales of approximately $1.4 billion.

Negative

• None.

CHARLOTTE, N.C., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) today announced that its Board of Directors declared a $0.14 per share cash dividend on its outstanding common stock. The dividend is payable on February 1, 2022, to all shareholders of record as of the close of business on January 3, 2022.

About Glatfelter

Glatfelter is a leading global supplier of engineered materials with a strong focus on innovation and sustainability. The Company’s high quality, technology-driven, innovative, and customizable nonwovens solutions can be found in products that are Enhancing Everyday Life®. These include personal care and hygiene products, food and beverage filtration, critical cleaning products, medical and personal protection, packaging products, as well as home improvement and industrial applications. Headquartered in Charlotte, NC, the Company’s annualized net sales approximate $1.4 billion with over 3,300 employees worldwide. Glatfelter’s operations utilize a variety of manufacturing technologies including airlaid, wetlaid and spunlace with sixteen manufacturing sites located in the United States, Canada, Germany, the United Kingdom, France, Spain, and the Philippines. The Company has sales offices in all major geographies serving customers under the Glatfelter and Sontara brands. Additional information about Glatfelter may be found at www.glatfelter.com.

Contacts:
Investors:	Media:
Ramesh Shettigar	Eileen L. Beck
(717) 225-2746	(717) 225-2793
ramesh.shettigar@glatfelter.com	eileen.beck@glatfelter.com

FAQ

What is the dividend amount for Glatfelter Corporation (GLT)?

Glatfelter Corporation (GLT) declared a dividend of $0.14 per share.

When is the dividend payment date for GLT?

The dividend is payable on February 1, 2022.

Who qualifies for the GLT dividend?

Shareholders of record as of January 3, 2022, qualify for the dividend.

How often does Glatfelter pay dividends?

Glatfelter typically pays quarterly dividends, but frequency may vary.