 Shares of Glatfelter Corp. GLT, 2.41 dropped 4.7 in premarket trading Wednesday, after the supplier of engineered materials said it suspended its quarterly dividend, as part of a reprioritization of capital as it focuses its efforts on optimizing financial results. The company had last paid a quarterly dividend of 14 cents a share in June, which at Tuesdays stock closing price of 4.67 implied a dividend yield of 11.76, which compares with the implied yield for the SP 500 SPX, -1.13 of 1.71. 