
Rayonier Advanced Materials Inc. (RYAM)
Rayonier Advanced Materials Inc. (RYAM) is a specialty cellulose and performance materials company that produces cellulose-based products used in packaging, textiles, and industrial applications. The company focuses on creating sustainable solutions derived from renewable resources, with a history rooted in the pulp and paper industry. RYAM operates manufacturing facilities primarily in North America and Europe, emphasizing environmentally responsible practices.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
June 28, 2019 | $0.07 | 2019-06-13 | 2019-06-14 |
March 29, 2019 | $0.07 | 2019-03-14 | 2019-03-15 |
December 31, 2018 | $0.07 | 2018-12-14 | 2018-12-17 |
September 28, 2018 | $0.07 | 2018-09-13 | 2018-09-14 |
June 29, 2018 | $0.07 | 2018-06-14 | 2018-06-15 |
Dividends Summary
- Rayonier Advanced Materials Inc. has issued 20 dividend payments over the past 5 years
- The most recent dividend was paid 2276 days ago, on June 28, 2019
- The highest dividend payed out to investors during this period was $0.07 per share
- The average dividend paid during this period was $0.07 per share.
Company News
The Microcrystalline Cellulose (MCC) market is projected to grow from $1.33 billion in 2025 to $1.88 billion by 2030, with a 7.1% CAGR. Wood-based sources dominate the market, with pharmaceutical applications being the primary driver of growth.
Stora Enso Oyj, Klabin, Sylvamo, Rayonier Advanced Materials and International Paper have been highlighted in this Industry Outlook article.
As of Jan. 11, 2024, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Pactiv Evergreen Inc. (NASDAQ: PTVE) On Nov. 1, Pactiv Evergreen posted upbeat quarterly earnings. Michael King, President and Chief Executive Officer of Pactiv Evergreen, said, “I am proud of our team’s performance during the third quarter. The Company continued to execute at a high level, while managing costs and making further progress on its transformational journey.” The company’s stock jumped around 15% over the past month ...
The company is seeing softness in some of its core end markets.