May 24, 2017SWM Announces Revised Record Date For Quarterly Dividend - Payment Amount and Payment Date Unchanged
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.
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.
Chief Financial Officer
Director of Investor Relations
Web site: http://www.swmintl.com