Rayonier Advanced Materials Inc. ( RYAM ) will begin trading ex-dividend on December 15, 2015. A cash dividend payment of $0.07 per share is scheduled to be paid on December 31, 2015. Shareholders who purchased RYAM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that RYAM has paid the same dividend. At the current stock price of $9.14, the dividend yield is 3.06%.
The previous trading day's last sale of RYAM was $9.14, representing a -61.93% decrease from the 52 week high of $24.01 and a 58.96% increase over the 52 week low of $5.75.
RYAM is a part of the Basic Industries sector, which includes companies such as Dow Chemical Company ( DOW ) and E.I. du Pont de Nemours and Company ( DD ). RYAM's current earnings per share, an indicator of a company's profitability, is $.45. Zacks Investment Research reports RYAM's forecasted earnings growth in 2015 as -34.26%, compared to an industry average of 7.7%.