Domtar declares regular quarterly dividend
TICKER SYMBOL
(NYSE: UFS) (TSX: UFS)
MONTREAL, July 31, 2012 /CNW Telbec/ - Domtar Corporation today announced that its Board of Directors has approved its second quarterly dividend for the 2012 fiscal year on its common stock (NYSE: UFS) (TSX: UFS) and on Domtar (Canada) Paper Inc. (TSX: UFX) exchangeable shares. The dividend of US$0.45 per share is payable on October 15, 2012 to stockholders of record on September 17, 2012.
About Domtar
Domtar Corporation (NYSE: UFS) (TSX: UFS) designs, manufactures, markets
and distributes a wide variety of fiber-based products including
communication papers, specialty and packaging papers and adult
incontinence products. The foundation of its business is a network of
world class wood fiber converting assets that produce papergrade, fluff
and specialty pulps. The majority of its pulp production is consumed
internally to manufacture paper and consumer products. Domtar is the
largest integrated marketer of uncoated freesheet paper in North
America with recognized brands such as Cougar®, Lynx® Opaque Ultra, Husky® Opaque Offset, First Choice® and Domtar EarthChoice®. Domtar is also a leading marketer and producer of a complete line of
incontinence care products marketed primarily under the Attends® brand name. Domtar owns and operates Ariva®, an extensive network of strategically located paper and printing
supplies distribution facilities. In 2011, Domtar had sales of US$5.6
billion from nearly 50 countries. The Company employs approximately
9,500 people. To learn more, visit www.domtar.com.
Forward-Looking Statements
All statements in this news release that are not based on historical
fact are "forward-looking statements." While management has based any
forward-looking statements contained herein on its current
expectations, the information on which such expectations were based may
change. The Company is under no obligation, and expressly disclaims
such obligation, to update, alter or revise these forward-looking
statements, whether as a result of new information, future events, or
otherwise. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside of
our control that could cause actual results to materially differ from
such statements. Such risks, uncertainties, and other factors include,
but are not necessarily limited to, those set forth under the captions
"Forward-Looking Statements" and "Risk Factors" of the latest Annual
Report on Form 10-K filed with the Securities and Exchange Commission
as periodically updated by subsequently filed Form 10-Q's.
SOURCE: DOMTAR CORPORATION
For further information:
MEDIA AND INVESTOR RELATIONS
Pascal Bossé
Vice-President
Corporate Communications and Investor Relations
Tel.: 514-848-5938