Polyester maker Wellman Inc BOD declares Qtly dividend
17 Nov '05
1 min read
New Jersey based textile polymer products, textile fiber, staple, polyester and resins for packaging maker company Wellman Inc Board of Directors declared a quarterly dividend of $0.05 per share on the outstanding shares of the Company's common stock.
This dividend is payable on December 15, 2005 to stockholders of record as of the close of business on December 1, 2005.
Wellman Inc manufactures and markets high-quality polyester products, including PermaClear brand PET (polyethylene terephthalate) packaging resins and Fortrel brand polyester fibers.
They believe they are one of the world's largest PET plastic recyclers, utilizing a significant amount of recycled raw materials in their manufacturing operations.