(NYSE: UFS) (TSX: UFS)
MONTREAL, May 5, 2015 /CNW Telbec/ - Domtar Corporation today announced that its Board of Directors has approved its first quarterly dividend for the 2015 fiscal year on its common stock (NYSE: UFS) (TSX: UFS). The dividend of US$0.40 per share is payable on July 15, 2015 to stockholders of record on July 2, 2015.
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 absorbent hygiene products. The foundation of our business is a network of world-class wood fiber-converting assets that produce papergrade, fluff and specialty pulp. The majority of our pulp production is consumed internally to manufacture paper and consumer products. Domtar is the largest integrated marketer and manufacturer of uncoated freesheet paper in North America with recognized brands such as Cougar®, Lynx® Opaque Ultra, Husky® Opaque Offset, First Choice®, EarthChoice® and Xerox® Paper and Specialty Media. Domtar is also a marketer and producer of a broad line of absorbent hygiene products marketed primarily under the Attends®, IncoPack® and Indasec® brand names. In 2014, Domtar had sales of $5.6 billion from some 50 countries. The Company employs approximately 9,800 people. To learn more, visit www.domtar.com.
SOURCE Domtar Corporation
For further information: Investor relations: Nicholas Estrela, Director, Investor Relations, Tel.: 514-848-5555 x 85979; Media relations: David Struhs, Vice-President, Corporate Communications and Sustainability, Tel.: 803-802-8031