SWM Announces Revised Record Date For Quarterly Dividend - Payment Amount and Payment Date Unchanged
May 24 2017 - 4:30PM
ALPHARETTA, GA, May 24, 2017 --
Schweitzer-Mauduit International, Inc. ("SWM" or the "Company")
(NYSE: SWM) announced today that the record date for its
previously declared first-quarter dividend will change
from Friday, May 26, 2017 to Friday, June 2, 2017.
The declared dividend of $0.42 per share remains
unchanged and will continue to be payable on June 23,
2017 to shareholders of record of the Company's common stock
at the close of business on June 2, 2017.
About SWM
SWM is a leading global provider
of highly engineered solutions and advanced materials for a variety
of industries. Historically, SWM primarily served the tobacco
industry, which remains a key focus. SWM also manufactures
specialty papers for other applications and is executing a
strategic transformation to diversify its product portfolio.
SWM's Advanced Materials & Structures segment, which
focuses on resin-based rolled goods, includes DelStar Technologies,
acquired in 2013, Argotec in late 2015, Conwed in early 2017, and
other recent acquisitions. These acquisitions expanded the
Company's product portfolio and end-markets served to include
filtration, transportation, construction & infrastructure,
medical, and industrial. SWM and its subsidiaries conduct
business in over 90 countries and employ approximately 3,400 people
worldwide, with operations in the United States, United Kingdom,
Canada, France, Luxembourg, Russia, Brazil, Poland, Belgium and
China, including two joint ventures. For further information,
please visit SWM's Web site at www.swmintl.com.
SOURCE SWM:
CONTACT
Allison Aden
Chief Financial Officer
+1-770-569-4277
Or
Mark Chekanow
Director of Investor Relations
+1-770-569-4229
Web site:
http://www.swmintl.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Schweitzer-Mauduit International Inc via
Globenewswire
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