Domtar declares regular quarterly dividend
TICKER SYMBOL
(NYSE: UFS) (TSX: UFS)
MONTREAL, Oct. 31, 2012 /CNW Telbec/ - Domtar Corporation today announced that its Board of Directors has approved its third 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 January 15, 2013 to stockholders of record on December 14, 2012.
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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 9,300 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. 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 Form 10-K
filed with the SEC as periodically updated by subsequently filed Form
10-Q's. Unless specifically required by law, we assume no obligation to
update or revise these forward-looking statements to reflect new events
or circumstances.
SOURCE: DOMTAR CORPORATION
For further information:
MEDIA AND INVESTOR RELATIONS
Pascal Bossé
Vice-President
Corporate Communications and Investor Relations
Tel.: 514-848-5938