DIVIDEND ANNOUNCEMENT: Mercer International Inc (NASDAQ:MERC) on 02/16/2023 declared a dividend of $0.0750 per share

Mercer International Inc (NASDAQ:MERC) on 02/16/2023 declared a dividend of $ 0.0750 per share payable on April 05, 2023 to shareholders of record as of March 29, 2023.

Mercer International Inc (NASDAQ:MERC) has paid dividends since 2015, has a current dividend yield of 2.5862069130% and has increased its dividends for 1 successive years.

Mercer International Inc's market cap is $ 767,537,200 and has a PE ratio of 2.56. The stock price closed yesterday at $ 11.60 and has a 52 week low/high of $ 10.55 and $ 17.50.

Mercer International is a global forest products company with two reportable operating segments being pulp and wood products. Co.'s pulp segment consists of the manufacture, sale and distribution of pulp, electricity and other by-products at its pulp mills. In addition, all of Co.'s mills generate and sell an amount of surplus green energy. Co. also produces and sells tall oil, a by-product of its production process, which is used as both a chemical additive and as a green energy source. Co.'s wood products segment consists of the manufacture, sale and distribution of lumber, electricity and other wood residuals at its Friesau mill in Germany.

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