JACKSONVILLE, Fla.--(BUSINESS WIRE)--Apr. 12, 2019--
Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the
Company’s board of directors has declared a second quarter cash dividend
of $2.00 per share of Mandatory Convertible Preferred Stock of the
Company. The dividend is payable on May 15, 2019 to preferred
stockholders of record on May 1, 2019.
About Rayonier Advanced Materials
Rayonier Advanced Materials is a global leader of cellulose-based
technologies, including high purity cellulose specialties, a natural
polymer commonly found in cell phones, computer screens, filters and
pharmaceuticals.The Company also manufactures products for
lumber, paper and packaging markets.With manufacturing
operations in the U.S., Canada and France, Rayonier Advanced Materials
employs approximately 4,200 people and generates approximately
US$2 billion of revenues. More information is available at www.rayonieram.com.
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Source: Rayonier Advanced Materials Inc.
Ryan Houck 904-357-9134
Mickey Walsh 904-357-9162