Pactiv Evergreen Inc. Declares Quarterly Dividend

Rhea-AI Summary

Pactiv Evergreen Inc. (NASDAQ: PTVE) has declared a quarterly dividend of $0.10 per share, scheduled for payment on March 24, 2023, to shareholders recorded by the close of business on March 17, 2023. The company is a prominent manufacturer and distributor of food service products and fresh beverage cartons, employing around 16,000 people across North America. Pactiv Evergreen focuses on sustainable practices, producing items from recycled and renewable materials that serve a diverse customer base, including restaurants and food retailers.

Positive

• Quarterly dividend of $0.10 per share reflects shareholder income.
• Sustainable practices in product manufacturing enhance company reputation.

Negative

• None.

LAKE FOREST, Ill., March 06, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its 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 March 24, 2023 to shareholders of record at the close of business on March 17, 2023.

About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. With a team of approximately 16,000 employees, the Company produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today’s consumers. Its products, many of which are made with recycled, recyclable or renewable materials, are sold to a diversified mix of customers, including restaurants, foodservice distributors, retailers, food and beverage producers, packers and processors. Learn more at www.pactivevergreen.com.

Contact:
Curt Worthington
847.482.2040
InvestorRelations@pactivevergreen.com

FAQ

What is the dividend amount declared by Pactiv Evergreen in March 2023?

Pactiv Evergreen declared a dividend of $0.10 per share.

When is the dividend payment date for Pactiv Evergreen's March 2023 dividend?

The dividend will be paid on March 24, 2023.

Who will receive the dividend from Pactiv Evergreen?

Shareholders of record at the close of business on March 17, 2023.

How does Pactiv Evergreen ensure sustainability in its products?

The company produces many products using recycled, recyclable, or renewable materials.