SLVM - Dividend announcements

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2026, to Sept. 30, 2026. The dividend is payable July 28, 2026, to holders of record at the close of business July 7, 2026. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2025 were $3.4 billion. For more information, please visit Sylva

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of April 1, 2026, to June 30, 2026. The dividend is payable April 28, 2026, to holders of record at the close of business April 7, 2026. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2025 were $3.4 billion. For more information, please visit Syl

Sylvamo (NYSE:SLVM), the world's paper company, is releasing fourth quarter and full year 2025 earnings. The company will host an audio webcast at 10 a.m. EST at investors.sylvamo.com. Management Summary from Chief Executive Officer John Sims As Sylvamo's CEO, my vision is that Sylvamo will be legendary for the way we relentlessly pursue and achieve world-class excellence in all that we do. This will create substantial and lasting value for our employees, customers and shareowners and will enable us to be the employer, supplier and investment of choice. I am committed to allocating capital wisely to create long-term value, communicating transparently, upholding our values and driving

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Jan. 1, 2026, to March 31, 2026. The dividend is payable Jan. 23, 2026, to holders of record at the close of business Jan. 5, 2026. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more information, please visit Sylvamo

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2025 earnings. The company will host an audio webcast at 10 a.m. EST at investors.sylvamo.com. Message from Chairman and Chief Executive Officer "Our team delivered 7% sales volume growth quarter-over-quarter and improved operational performance in the third quarter. We also returned substantial cash to shareowners in the quarter, which included $42 million in share repurchases and $18 million in dividends," said Jean-Michel Ribiéras. "I am proud of how our teams executed and overcame some regional challenges by focusing on commercial and operational excellence as well as implementing strategic initiatives to reduc

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2025, to Dec. 31, 2025. The dividend is payable Oct. 17, 2025, to holders of record at the close of business Oct. 3, 2025. The board also authorized $150 million for a share repurchase program to acquire the company's common stock. This is the third share repurchase program the board has approved since 2022. The company recently exhausted the $150 million share repurchase program announced Sept. 19, 2023, totaling $82 million in share repurchases so far this year. "This new share repurchase authorization reflects our confidence in Sylvamo's long-term strategy and financial

Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2025 earnings. The company will host an audio webcast at 10 a.m. EDT at investors.sylvamo.com. Message from Chairman and Chief Executive Officer "We delivered second quarter earnings in line with our outlook, overcoming a $13 million unfavorable foreign exchange impact while navigating the heaviest planned maintenance outage quarter in over five years," said Jean-Michel Ribiéras. "With 85% of our full year planned maintenance outages behind us, we are positioned for a stronger performance in the second half of the year as we expect seasonally stronger demand in North America and Latin America as well as improved

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2025, to Sept. 30, 2025. The dividend is payable July 29, 2025, to holders of record at the close of business July 8, 2025. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more information, please visit Sylvamo

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of April 1, 2025, to June 30, 2025. The dividend is payable April 29, 2025, to holders of record at the close of business April 8, 2025. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, is releasing fourth quarter 2024 earnings. Financial Highlights – 2024 Full Year vs. 2023 Full Year Net income of $302 million ($7.18 per diluted share) vs. $253 million ($5.93 per diluted share) Adjusted operating earnings1 of $312 million ($7.42 per diluted share) vs. $278 million ($6.51 per diluted share) Adjusted EBITDA2 of $632 million (17% margin) vs. $607 million (16% margin) Cash provided by operating activities of $469 million vs. $504 million Free cash flow3 of $248 million vs. $294 million Additional Highlights – 2024 Full Year Achieved 23% return on invested capital4 Reinvested $221 million in capital expe

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Jan. 1, 2025, to March 31, 2025. The dividend is payable Jan. 24, 2025, to holders of record at the close of business Jan. 6, 2025. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, now has access to $60 million initially put in escrow for disputed goodwill tax deductions in Brazil which it intends to use to pay down debt. The company's lenders agreed to eliminate the escrow after a Brazilian court ruled in its favor. The ruling—covering two-thirds of the amount disputed in several proceedings—is subject to appeal. Due to the potential liability of the goodwill tax deductions, lenders limited Sylvamo to $90 million in annual cash returns when it became an independent company in 2021. In September 2023, the company made a $60 million escrow deposit to remove the limit in its credit agreement, allowing it to return more

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted operating earnings1 of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted EBITDA2 of $193 million (20% margin) vs. $164 million (18% margin) Cash provided by operating activities of $163 million vs. $115 million Free cash flow3 of $119 million vs. $62 million Commercial and Operational Highlights – Third Quarter vs. Second Quarter Price and mix decreased by $4 million due to mix in Nor

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2024, to Dec. 31, 2024. The dividend is payable Oct. 17, 2024, to holders of record at the close of business Oct. 3, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.

Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2024 earnings. Financial Highlights – Second Quarter vs. First Quarter Net income of $83 million ($1.98 per diluted share) vs. $43 million ($1.02 per diluted share) Adjusted operating earnings1 of $83 million ($1.98 per diluted share) vs. $45 million ($1.07 per diluted share) Adjusted EBITDA2 of $164 million (18% margin) vs. $118 million (13% margin) Cash provided by operating activities of $115 million vs. $27 million Free cash flow3 of $62 million vs. $(33) million Commercial and Operational Highlights – Second Quarter vs. First Quarter Price and mix improved by $26 million due to pulp and p

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2024, to Sept. 30, 2024. The dividend is payable July 29, 2024, to holders of record at the close of business July 8, 2024. "I'm pleased our board approved increasing our quarterly dividend to 45 cents per share. This is the third increase in the last two years, highlighting our commitment to return substantial cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We remain confident in our future and motivated by the opportunities that lie ahead." The quarterly dividend is increasing 50% from $0.30 per share to $0.45 per share. About Sy

Sylvamo (NYSE:SLVM), the world's paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth Quarter Net income of $43 million ($1.02 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted operating earnings1 of $45 million ($1.07 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted EBITDA2 of $118 million (13% margin) vs. $117 million (12% margin) Cash provided by operating activities of $27 million vs. $167 million Free cash flow3 of $(33) million vs. $104 million Commercial and Operational Highlights – First Quarter vs. Fourth Quarter Price and mix were stable Volume decreased by $12 mi

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.30 per share for the period of April 1, 2024, to June 30, 2024. The dividend is payable April 29, 2024, to holders of record at the close of business April 8, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Syl

Sylvamo (NYSE:SLVM), the world's paper company, is releasing fourth quarter 2023 earnings. Financial Highlights – 2023 Full Year Net income from continuing operations of $253 million ($5.93 per diluted share) Adjusted operating earnings1 of $278 million ($6.51 per diluted share) Adjusted EBITDA2 of $607 million (16% margin) Cash provided by operating activities from continuing operations of $504 million Free cash flow3 of $294 million Paid regular and special dividends totaling $57 million Repurchased 1,574,133 shares of our common stock for approximately $70 million, resulting in 41.2 million shares outstanding as of Dec. 31 Ended the year with net debt of $730 mi

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.30 per share for the period of Jan. 1, 2024, to March 31, 2024. The dividend is payable Jan. 25, 2024, to holders of record at the close of business Jan. 4, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2022 were $3.6 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2023 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income from continuing operations of $58 million ($1.37 per diluted share) vs. $49 million ($1.14 per diluted share) Adjusted operating earnings1 (non-GAAP) of $72 million ($1.70 per diluted share) vs. $49 million ($1.14 per diluted share) Adjusted EBITDA2 (non-GAAP) of $158 million (18% margin) vs. $124 million (14% margin) Cash provided by operating activities from continuing operations of $197 million vs. $77 million Free cash flow3 (non-GAAP) of $155 million vs. $33 million Commercial and Operational Highlights – Third

Includes 20% increased quarterly dividend, special $12 million dividend and $150 million share repurchase program Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.30 per share for the period of Oct. 1, 2023, to Dec. 31, 2023, as well as a special dividend of $0.30 per share, which is approximately $12 million. The dividends are payable Oct. 17, 2023, to holders of record at the close of business Oct. 3, 2023. The board also authorized an additional $150 million for a share repurchase program to acquire the company's common stock. At the end of the second quarter, the company had approximately $30 million remaining in the $150 million share repurchase progra

Slower Demand Recovery Drives Revised Annual Outlook, Company Remains Committed to $125 Million in Cash Returns Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2023 earnings. Financial Highlights – Second Quarter vs. First Quarter Net income from continuing operations of $49 million ($1.14 per diluted share) vs. $97 million ($2.25 per diluted share) Adjusted operating earnings1 (non-GAAP) of $49 million ($1.14 per diluted share) vs. $108 million ($2.51 per diluted share) Adjusted EBITDA2 (non-GAAP) of $124 million (13.5% margin) vs. $208 million (22.1% margin) Cash provided by operating activities from continuing operations of $77 million vs. $63

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.25 per share for the period of July 1, 2023, to Sept. 30, 2023. The dividend is payable July 27, 2023, to holders of record at the close of business July 6, 2023. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2022 were $3.6 billion. For more information, please visit Sylva

Adjusted Operating Earnings Per Share Up More Than 85% vs. First Quarter 2022 Sylvamo (NYSE:SLVM), the world's paper company, is releasing first quarter 2023 earnings. Message from the Chairman and Chief Executive Officer "We generated $208 million in adjusted EBITDA, which was consistent with our outlook of $205 million to $215 million, and achieved a 22% adjusted EBITDA margin," said Jean-Michel Ribiéras. "We maintained a strong balance sheet and repurchased 80% of our outstanding notes to eliminate restrictive covenants in the notes agreement. These steps enabled us to continue on the path to returning more cash to shareowners." Financial Highlights – First Quarter vs. Fourth Qua

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.25 per share for the period of April 1, 2023, to June 30, 2023. The dividend is payable April 27, 2023, to holders of record at the close of business April 6, 2023. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2022 were $3.6 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, is releasing fourth quarter 2022 earnings. Financial Highlights - 2022 Full Year Net income from continuing operations of $336 million ($7.57 per diluted share) Adjusted operating earnings1 (non-GAAP) of $348 million ($7.84 per diluted share) Adjusted EBITDA2 (non-GAAP) of $721 million (20% margin) Cash provided by operating activities from continuing operations of $418 million Free cash flow3 (non-GAAP) of $269 million Board of directors initiated a quarterly dividend of $0.1125 per share, paid for in the third and fourth quarters for a total of $10 million Repurchased 1,556,835 shares of our common stock for approximately $80

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2022 earnings. Message from the Chairman and Chief Executive Officer "We generated strong earnings and free cash flow in the third quarter. In October, we also achieved several milestones, including selling our Russian operations, reaching our gross debt target ahead of schedule and exiting our transition services agreement. I'm also pleased our board of directors approved increasing our quarterly dividend to 25 cents per share," said Jean-Michel Ribiéras. "We continue to implement our three-pronged strategy of commercial excellence, operational excellence and financial discipline, which enabled us to remain the s

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.1125 per share for the period of Oct. 1, 2022, to Dec. 31, 2022. The dividend is payable Oct. 17, 2022, to holders of record at the close of business Oct. 3, 2022. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 7,500 colleagues. Net sales for 2021 were $3.5 billion. For more information, please visit Sylvam

Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2022 earnings. Message from the Chairman and Chief Executive Officer "We saw increasing earnings and operating margins in the second quarter after a successful first quarter. We are also raising our adjusted EBITDA and free cash flow full-year guidance based on our first half of the year performance and our second half outlook," said Jean-Michel Ribiéras. "We remain committed to reducing debt, investing in high-return projects and returning cash to shareowners as we continue delivering on our investment thesis." Russian Operations In May, we announced the decision to sell our Russian operations Management

Board of Directors Initiates Quarterly Dividend, Authorization to Acquire up to $150 Million of Common Stock Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.1125 per share for the period of July 1, 2022, to Sept. 30, 2022. The dividend is payable July 15, 2022, to holders of record at the close of business June 17, 2022. The board also authorized a share repurchase program to acquire up to $150 million of the company's common stock. "Our strong free cash flow enables us to begin returning cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We also expect to continue paying down debt and will repurchase shares opportunistica

Sylvamo (NYSE:SLVM), the world's paper company, released fourth-quarter 2021 earnings. Message from the Chairman and Chief Executive Officer "During our first quarter as a stand-alone company, we delivered strong earnings and generated significant cash," said Jean-Michel Ribiéras. "Our fourth-quarter adjusted EBITDA was $170 million, reflecting strong commercial and operational performances globally. We generated $162 million of free cash flow, which we used to pay down debt by $124 million and increase cash on hand by $48 million. We also achieved a gross debt-to-adjusted EBITDA ratio of 2.4x, strengthening our balance sheet and increasing our flexibility to increase shareowner value. "