Sealed Air Declares Quarterly Cash Dividend

Rhea-AI Summary

Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.16 per common share. This dividend will be payable on December 18, 2020, to shareholders on record as of December 4, 2020. Sealed Air is dedicated to providing innovative packaging solutions, generating $4.8 billion in sales in 2019, and employing approximately 16,500 people across 124 countries. The company focuses on protecting goods and enhancing the food supply chain.

Positive

• Quarterly cash dividend of $0.16 per common share announced.
• Demonstrates company confidence and commitment to returning value to shareholders.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on December 18, 2020 to stockholders of record at the close of business on December 4, 2020.

About Sealed Air

Sealed Air is in business to protect, to solve critical packaging challenges, and to leave our world better than we found it. Our portfolio of leading packaging solutions includes CRYOVAC^® brand food packaging, SEALED AIR^® brand protective packaging, AUTOBAG^® brand automated systems, and BUBBLE WRAP® brand packaging, which collectively enable a safer, more efficient food supply chain and protect valuable goods shipped around the world. Sealed Air generated $4.8 billion in sales in 2019 and has approximately 16,500 employees who serve customers in 124 countries. To learn more, visit www.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.