Sealed Air Declares Quarterly Cash Dividend

Rhea-AI Summary

Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on September 17, 2021 to stockholders of record on September 3, 2021. The company emphasizes its commitment to sustainability, pledging to make all packaging materials recyclable or reusable by 2025 and aiming for net-zero carbon emissions by 2040. Sealed Air generated $4.9 billion in sales in 2020 and employs about 16,500 individuals globally, serving customers in 117 countries.

Positive

• Quarterly cash dividend of $0.20 per common share enhances shareholder income.
• Commitment to sustainability with 100% recyclable or reusable packaging by 2025.
• Goal of net-zero carbon emissions in global operations by 2040.

Negative

• None.

Sealed Air Corporation (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on September 17, 2021 to stockholders of record at the close of business on September 3, 2021.

About Sealed Air

Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we found it. Our packaging technology, solutions, and systems create a safer, more resilient and less wasteful global food supply chain, enable e-commerce, and protect goods transported worldwide.

Our globally recognized brands include CRYOVAC^® brand food packaging, SEALED AIR^® brand protective packaging, AUTOBAG^® brand automated systems, BUBBLE WRAP^® brand packaging, and SEE^™ Automation solutions.

SEE’s Operating Model, along with industry-leading experts in materials, engineering, technology, and science are driving our innovative solution systems to be more sustainable, automated, and digitally connected.

SEE is leading the packaging industry to create a more environmentally, socially, and economically sustainable future and has pledged to design or advance 100% of its packaging materials to be recyclable or reusable by 2025, and a bolder goal to reach net-zero carbon emissions in its global operations by 2040. The company is also committed to a diverse workforce and inclusive culture through its 2025 Diversity, Equity and Inclusion pledge.

SEE generated $4.9 billion in sales in 2020 and has approximately 16,500 employees who serve customers in 117 countries/territories. To learn more, visit sealedair.com.

Website Information

We routinely post important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210712005755/en/

FAQ

What is the dividend amount declared by Sealed Air Corporation?

Sealed Air Corporation has declared a quarterly cash dividend of $0.20 per common share.

When is the dividend payable to shareholders?

The dividend is payable on September 17, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is September 3, 2021.

What are Sealed Air Corporation's sustainability goals?

Sealed Air aims for 100% of its packaging materials to be recyclable or reusable by 2025 and targets net-zero carbon emissions by 2040.