Glatfelter Declares Dividend of $0.135 per Common Share

Rhea-AI Summary

Glatfelter (NYSE: GLT) has declared a cash dividend of $0.135 per share on its common stock, to be paid on November 2, 2020. Shareholders on record as of the close of business on October 5, 2020 will receive this dividend. Headquartered in York, PA, Glatfelter specializes in engineered materials with an annual net sales of approximately $925 million. The company operates eleven manufacturing facilities internationally, serving over 100 countries with around 2,600 employees.

Positive

• Declared cash dividend of $0.135 per share.
• Strong annual net sales of approximately $925 million.
• Global presence with operations in 11 countries.

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• None.

YORK, Pa., Sept. 23, 2020 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT), today announced that its board of directors declared a $0.135 per share cash dividend on its outstanding common stock. The dividend is payable on November 2, 2020, to all shareholders of record as of the close of business on October 5, 2020.

About Glatfelter

Glatfelter is a leading global supplier of engineered materials. The Company’s high-quality, innovative and customizable solutions are found in tea and single-serve coffee filtration, personal hygiene and packaging products as well as home improvement and industrial applications. Headquartered in York, PA and transitioning to new headquarters in Charlotte, NC, the Company’s annual net sales approximate $925 million with customers in over 100 countries and approximately 2,600 employees worldwide. Operations include eleven manufacturing facilities located in the United States, Canada, Germany, France, the United Kingdom and the Philippines. 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 (GLT)?

The dividend amount declared by Glatfelter is $0.135 per share.

When will the Glatfelter (GLT) dividend be paid?

The dividend will be paid on November 2, 2020.

What is the record date for Glatfelter's (GLT) dividend?

The record date for the dividend is October 5, 2020.

How much are Glatfelter's annual net sales?

Glatfelter's annual net sales approximate $925 million.