Fibers maker Wellman dividend announcement

20 Nov '07

1 min read

The Board of Directors of Wellman Inc has decided not to declare a dividend in the fourth quarter of 2007.

The Board concluded that this action is prudent in light of Wellman's operating performance during the third quarter and its current debt levels.

Wellman Inc manufactures and markets high-quality polyester products, including PermaClear brand PET (polyethylene terephthalate) packaging resins and Fortrel brand polyester fibers.

Wellman Inc

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Fibers maker Wellman dividend announcement

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