JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan. 8, 2019-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that the Company's board of directors has declared a first quarter cash dividend of $2.00 per share of Mandatory Convertible Preferred Stock of the Company.
Commenting on the results, Sappi Chief Executive Officer Steve Binnie said: "I am very satisfied that we have delivered results for the year in line with that of the prior year, notwithstanding the downtime related to the completion of several large strategic growth projects. These projects facilitated a further shift in the product mix of the group towards higher margin and growth segments."
Mississauga (ON), November 8, 2018 – KP Tissue Inc. ("KPT") (TSX: KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on January 15, 2019 to shareholders of record at the close of business on December 31, 2018, subject to applicable law.
Montreal, Quebec - Consolidated sales for the three-month period ended September 24, 2016, were $389 million, as compared to $373 million in the same quarter a year ago. The Company generated net earnings of $12 million or $0.12 per share in the September 2016 quarter compared to a net loss of $32 million or $0.32 per share in the September 2015 quarter. Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $57 million for the three-month period ended September 24, 2016, as compared to adjusted EBITDA of $36 million a year ago and adjusted EBITDA of $26 million in the prior quarter.
Vancouver, British Columbia, November 14, 2016 – Fortress Paper Ltd. ("Fortress Paper" or the "Company") reported 2016 third quarter operating EBITDA of $7.6 million, an increase of $1.3 million and $2.1 million over the previous quarter and prior year comparative period, respectively. The Dissolving Pulp Segment generated operating EBITDA of $11.9 million and the Security Paper Products Segment incurred EBITDA loss of $1.8 million. Corporate costs included in operating EBITDA were $2.5 million.