Rayonier Advanced Materials Inc.
RYAMRayonier 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
- Consistent Payer: Rayonier Advanced Materials Inc. has rewarded shareholders with 20 dividend payments over the past 5 years.
- Total Returned Value: Investors who held RYAM shares during this period received a total of $1.40 per share in dividend income.
- Latest Payout: The most recent dividend of $0.07/share was paid 2401 days ago, on June 28, 2019.
- Yield & Schedule: RYAM currently pays dividends quarterly with an annual yield of 3.28%.
- Dividend Growth: Since 2014, the dividend payout has grown by 0.0%, from $0.07 to $0.07.
- Dividend Reliability: RYAM has maintained or increased its dividend for 20 consecutive payments.
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.
Gabelli Funds is hosting its 16th Annual Specialty Chemicals Symposium in New York, featuring various companies discussing topics like pricing power, margin recovery, and the M&A environment.
Stora Enso Oyj, Klabin, Sylvamo, Rayonier Advanced Materials and International Paper have been highlighted in this Industry Outlook article.
The Zacks Paper and Related Products industry's prospects look upbeat, backed by strong demand on a rise in e-commerce and growing interest in sustainable packaging solutions. Stocks like SEOAY, KLBAY, SLVM and RYAM are well-poised to gain from these trends.
Rayonier Advanced Materials (RYAM) delivered earnings and revenue surprises of -100% and 19.67%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
