Mercer International Inc. ($MERC) Will Trade Ex-Dividend Tomorrow, December 22, 2020

121

Mercer International Inc. (NASDAQ:MERC) will begin trading ex-dividend on December 22, 2020. The quarterly dividend payment of $ 0.065 per share is scheduled to be paid on December 30, 2020. The dividend yield based on the latest trading day closing price was 2.56 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 22, 2020.

Dividends History
wpDataTable with provided ID not found!

Click Here For More Historical Dividends Of Mercer International Inc.

Mercer International Inc. recently reported third quarter financial results on October 29, 2020, after market close, the Vancouver based company unfold income for the third quarter of $ 0.11 per share, from the revenue of $ 333.15 million. The quarterly earnings grew 450.00 percent while revenues down 13.14 percent compared with the same quarter last year.
According to street consensus, MERC was expected to report 3Q20 loss of $ 0.12 per share from revenue of $ 346.69 million. The bottom line results beat street analysts by $ 0.23 or 191.67 percent, at the same time, top line results fell short of analysts by $ 13.54 million or 3.91 percent.

Stock Performance

Shares of Mercer International Inc. traded low $ -0.20 or -1.93 percent on Friday, reaching $ 10.14 with volume of 1.12 million shares. Mercer International Inc. has traded high as $ 10.64 and has cracked $ 10.14 on the downward trend

According to the previous trading day, closing price of $ 10.14, representing a 79.20 % increase from the 52 week low of $ 5.77 and a 23.07 % decrease over the 52 week high of $ 13.44.

The company has a market capital of $ 667.90 million and is part of the Basic Materials sector and Paper & Paper Products industry.

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood Kraft (NBSK) pulp in the United States, Europe, Asia, and internationally. The company operates in two segments, Pulp and Wood Products. It produces NBSK pulp primarily from wood chips and pulp logs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source.