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 September 15, 2022, to shareholders on record as of August 31, 2022. This decision reflects the company's financial stability and commitment to returning value to shareholders. Pactiv Evergreen is a major manufacturer and distributor of foodservice products in North America, employing approximately 16,500 individuals. The company focuses on sustainability, utilizing recycled and renewable materials in its products.

Positive

• Quarterly dividend of $0.10 per share reinforces shareholder value.
• Demonstrates financial stability and confidence in ongoing operations.

Negative

• None.

LAKE FOREST, Ill., Aug. 03, 2022 (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 September 15, 2022 to shareholders of record at the close of business on August 31, 2022.

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 16,500 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:
Dhaval Patel
732.501.9657
dhaval.patel@pactivevergreen.com

FAQ

When is the next dividend payment for Pactiv Evergreen (PTVE)?

The next dividend payment for Pactiv Evergreen (PTVE) is on September 15, 2022.

What is the dividend amount for Pactiv Evergreen (PTVE) shareholders?

The dividend amount for Pactiv Evergreen (PTVE) shareholders is $0.10 per share.

Who is eligible for the Pactiv Evergreen (PTVE) dividend?

Shareholders of record as of August 31, 2022, are eligible for the dividend from Pactiv Evergreen (PTVE).

How often does Pactiv Evergreen (PTVE) pay dividends?

Pactiv Evergreen (PTVE) pays dividends quarterly.

Is the dividend from Pactiv Evergreen (PTVE) sustainable?

The sustainability of Pactiv Evergreen's dividend can be evaluated based on their financial performance and commitment to returning value to shareholders.