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, payable on March 19, 2021 to stockholders of record as of March 5, 2021. In 2020, the company generated $4.9 billion in sales and employs around 16,500 people across 115 countries. Sealed Air focuses on sustainable packaging solutions to enhance the efficiency of the global food supply chain and provide innovative packaging systems.

Positive

• Quarterly cash dividend of $0.16 per share supports income for shareholders.
• 2020 sales of $4.9 billion indicate strong market performance.

Negative

• None.

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 March 19, 2021 to stockholders of record at the close of business on March 5, 2021.

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 solutions and systems include CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems and BUBBLE WRAP® brand packaging. These brands collectively enable a more efficient, secure and less wasteful global food supply chain and enhance commerce through fulfillment and packaging solutions to protect the worldwide movement of goods.

Sealed Air’s industry-leading expertise in science, engineering, and innovation transforms businesses, industries, and consumers’ lives. The company continues to expand its portfolio of next-generation sustainable solutions including packaging materials, automated systems, and smart services to deliver savings and create measurable long-term value.

Sealed Air generated $4.9 billion in sales in 2020 and has approximately 16,500 employees who serve customers in 115 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210211005914/en/

FAQ

What is the dividend amount declared by Sealed Air Corporation?

Sealed Air Corporation has declared a quarterly cash dividend of $0.16 per common share.

When is the dividend payable?

The dividend is payable on March 19, 2021.

What is the record date for the dividend?

The record date for the dividend is March 5, 2021.

How much did Sealed Air Corporation generate in sales in 2020?

Sealed Air Corporation generated $4.9 billion in sales in 2020.

How many employees does Sealed Air Corporation have?

Sealed Air Corporation has approximately 16,500 employees.

In how many countries does Sealed Air operate?

Sealed Air operates in 115 countries.