JACKSONVILLE, Fla.--(BUSINESS WIRE)--May 24, 2016--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the
Company’s board of directors has declared a second quarter cash dividend
of $0.07 per share of common stock of the corporation. The dividend is
payable on June 30, 2016 to stockholders of record on June 16, 2016.
About Rayonier Advanced Materials
Rayonier Advanced Materials is the leading global supplier of
high-purity, cellulose specialties natural polymers for the chemical
industry. Working closely with its customers, the Company engineers
natural polymeric chemical chains to create dozens of customized
high-purity performance fibers at its plants in Florida and Georgia.
Rayonier Advanced Materials' intellectual property and manufacturing
processes have been developed over 85 years, resulting in unique
properties and very high quality and consistency. Upon completion of the
previously announced strategic realignment of assets in Jesup, the
Company's facilities will have the capacity to produce approximately
485,000 tons of cellulose specialties for use in a wide range of
industrial and consumer products such as filters, cosmetics and
pharmaceuticals and approximately 245,000 tons of commodity products.
Rayonier Advanced Materials is consistently ranked among the nation’s
top 50 exporters and delivers products to 79 ports around the world,
serving customers in 20 countries across five continents. More
information is available at www.rayonieram.com.
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Source: Rayonier Advanced Materials Inc.
Rayonier Advanced Materials Inc.
Mickey Walsh, 904-357-9162