Rayonier Advanced Materials Dividends
The next dividend date for Rayonier Advanced Materials has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Rayonier Advanced Materials (RYAM)
More About Rayonier Advanced Materials
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Europe, Japan, rest of Asia, Canada, Latin America, and internationally. It operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. The company's products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon tire cords and industrial hoses, food casings, paints, and lacquers. It also offers commodity products, such as commodity viscose used in woven applications, including rayon textiles for clothing and other fabrics, as well as in non-woven applications comprising baby wipes, cosmetic and personal wipes, industrial wipes, and mattress ticking; and absorbent materials consisting of fluff that are used as an absorbent medium in disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and non-woven fabrics. In addition, the company provides paperboards for packaging, printing documents, brochures, promotional materials, paperback books and catalog covers, file folders, tags, and lottery tickets; and high-yield pulps to produces hardwood aspen, maple, and birch species for paperboard, packaging, printing and writing papers, and various other paper products. Rayonier Advanced Materials Inc. was founded in 1926 and is headquartered in Jacksonville, Florida.
Owning Rayonier Advanced Materials Stock on the Dividend Date
If you own Rayonier Advanced Materials stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Rayonier Advanced Materials stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Rayonier Advanced Materials stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Rayonier Advanced Materials stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Rayonier Advanced Materials dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Rayonier Advanced Materials Dividends
You can contact us any time if you would like to ask questions about Rayonier Advanced Materials dividends or anything else related to the stock market.