Mercer Int'l (MERC) Declares $0.115 Quarterly Dividend; 7.5% Yield

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Go back to Mercer Int'l (MERC) Declares $0.115 Quarterly Dividend; 7.5% Yield

Mercer International Inc. Reports Strong 2015 Fourth Quarter and Year End Results and Announces Quarterly Cash Dividend of $0.115

February 11, 2016 4:31 PM EST

NEW YORK, Feb. 11, 2016 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (TSX:MRI.U) today reported strong results for the fourth quarter and year ended December 31, 2015. Operating EBITDA* in the fourth quarter of 2015 was $61.5 million, compared to $71.3 million in the fourth quarter of 2014 and $61.1 million in the prior quarter of 2015. For 2015, Operating EBITDA was $234.0 million, compared to $239.8 million for 2014.

For the fourth quarter of 2015, our net income was $21.7 million, or $0.34 per basic and $0.33 per diluted share, compared to $3.2 million, or $0.05 per basic and diluted share, in the fourth... More