Pactiv Evergreen Inc. Declares Quarterly Dividend

Rhea-AI Summary

Pactiv Evergreen has announced a quarterly dividend of $0.10 per share, payable on June 15, 2022, to shareholders of record on May 31, 2022. This move reflects the company's commitment to returning value to its investors. Pactiv Evergreen is a leading manufacturer in North America, employing around 16,500 people and producing a wide variety of foodservice products and packaging solutions. The company prioritizes sustainability, with many products made from recycled materials.

Positive

• Quarterly dividend of $0.10 per share indicates strong cash flow.
• Company’s focus on sustainability with recycled materials may attract socially conscious investors.

Negative

• None.

LAKE FOREST, Ill., May 04, 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 June 15, 2022 to shareholders of record at the close of business on May 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

What is the dividend amount paid by Pactiv Evergreen?

Pactiv Evergreen has declared a quarterly dividend of $0.10 per share.

When will the dividend be paid to shareholders of Pactiv Evergreen?

The dividend will be paid on June 15, 2022.

What date is the record for Pactiv Evergreen's dividend payment?

Shareholders must be on record by May 31, 2022, to receive the dividend.

How often does Pactiv Evergreen pay dividends?

Pactiv Evergreen typically pays quarterly dividends.

Is the dividend from Pactiv Evergreen sustainable?

The sustainability of dividends depends on the company's ongoing financial performance, which remains positive.