Pactiv Evergreen Inc. Declares Quarterly Dividend

Rhea-AI Summary

Pactiv Evergreen Inc. (NASDAQ: PTVE) announced a quarterly dividend of $0.10 per share, payable on February 24, 2021, to shareholders of record by February 14, 2021. The company will also report its fourth quarter and full year 2020 financial results on the same date, followed by a conference call the next morning at 8:00 am ET. The results can be accessed via webcast on their Investor Relations page or by phone. Pactiv Evergreen is a leading manufacturer of foodservice products across North America.

Positive

• Quarterly dividend of $0.10 per share enhances shareholder income.
• The upcoming financial results may indicate company growth and stability.

Negative

• None.

Company to Report Fourth Quarter and Full Year Financial Results on February 24, 2021

LAKE FOREST, Ill., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ:PTVE), a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons, today announced that the Company’s board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on February 24, 2021, to shareholders of record at the close of business on February 14, 2021.

Additionally, the Company announced that it will report fourth quarter and full year 2020 financial results on February 24, 2021, after the market closes. Management will hold prepared remarks the next morning at 8:00 am ET. Prepared remarks can be accessed via webcast on the Investor Relations section of the Company’s website at https://www.pactivevergreen.com/, and by dialing into the following numbers: (877) 407-0789 from the U.S. or (201) 689-8562 internationally and using access code 13716230.

About Pactiv Evergreen Inc.

Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America and certain international markets. It supplies its products to a broad and diversified mix of companies, including full service restaurants and quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, food packers and food processors.

Contact

Investors
ICR
Ashley DeSimone
Ashley.DeSimone@icrinc.com
646.677.1827

FAQ

What is the dividend payment date for Pactiv Evergreen (PTVE)?

The dividend payment date for Pactiv Evergreen is February 24, 2021.

How much is the quarterly dividend for Pactiv Evergreen (PTVE)?

The quarterly dividend for Pactiv Evergreen is $0.10 per share.

When will Pactiv Evergreen (PTVE) report its financial results?

Pactiv Evergreen will report its financial results on February 24, 2021.

What time is the conference call for Pactiv Evergreen (PTVE) financial results?

The conference call for Pactiv Evergreen's financial results is scheduled for 8:00 am ET on February 25, 2021.