Glatfelter Increases Dividend by 9%
York, PA, February 26, 2015: Glatfelter (NYSE: GLT) today announced that its board of directors increased its quarterly dividend to $0.12 per share on its outstanding common stock. The dividend is payable on May 1, 2015 to shareholders of record as of the close of business on April 2, 2015.
The new dividend rate of $0.12 per share represents a 9 percent increase compared to the prior rate and is the third consecutive annual increase.
Glatfelter (NYSE: GLT) 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, the Company’s net sales approximate $950 million annually with customers in over 100 countries and approximately 2,300 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.
Corporate Headquarters (York, PA)