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Rayonier Advanced Materials Announces Fourth Quarter 2015 Dividend

Oct 16, 2015 11:14 AM

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $0.07 per share of common stock of the corporation. The dividend is payable on Dec. 31, 2015 to stockholders of record on Dec. 17, 2015.

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. The Company’s facilities can produce up to 675,000 metric tons of cellulose specialties products annually for use in a wide range of industrial and consumer products such as filters, cosmetics and pharmaceuticals. 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 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.

Rayonier Advanced Materials Inc.
Media
Russell Schweiss, 904-357-9158
or
Investors
Mickey Walsh, 904-357-9162

Source: Rayonier Advanced Materials Inc.