Sylvamo Announces Dividend

Rhea-AI Summary

Sylvamo (NYSE: SLVM) has announced its board of directors has declared a quarterly dividend of $0.45 per share for Q1 2025. The dividend covers the period from January 1, 2025, to March 31, 2025. Shareholders of record as of January 6, 2025, will receive the payment on January 24, 2025.

Positive

• Quarterly dividend payment of $0.45 per share maintained
• Consistent dividend distribution demonstrates financial stability

Negative

• None.

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Jan. 1, 2025, to March 31, 2025. The dividend is payable Jan. 24, 2025, to holders of record at the close of business Jan. 6, 2025.

About Sylvamo

Sylvamo (NYSE: SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241217884586/en/

Investors: Hans Bjorkman, 901-519-8030, hans.bjorkman@sylvamo.com

Media: Adam Ghassemi, 901-519-8115, adam.ghassemi@sylvamo.com

Source: Sylvamo

FAQ

What is Sylvamo's (SLVM) dividend amount for Q1 2025?

Sylvamo's dividend for Q1 2025 is $0.45 per share.

When is the payment date for Sylvamo's (SLVM) Q1 2025 dividend?

The dividend payment date is January 24, 2025.

What is the record date for Sylvamo's (SLVM) Q1 2025 dividend?

The record date is January 6, 2025.

What period does Sylvamo's (SLVM) latest dividend cover?

The dividend covers the period from January 1, 2025, to March 31, 2025.