SEE 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 December 17, 2021 to stockholders of record by December 3, 2021. With a reported $4.9 billion in sales for 2020, Sealed Air focuses on innovative packaging solutions aimed at enhancing the global food supply chain and e-commerce. The company is also committed to sustainability, pledging to make all packaging materials recyclable or reusable by 2025 and achieve net-zero carbon emissions by 2040.

Positive

• Declared quarterly cash dividend of $0.20 per share.
• Reported $4.9 billion in sales for 2020, indicating strong revenue.
• Commitment to sustainability with goals for recyclable materials by 2025.

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 $0.20 per common share. The dividend is payable on December 17, 2021 to stockholders of record at the close of business on December 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/20211019006093/en/

Investor Relations

Lori Chaitman

lori.chaitman@sealedair.com

516.458.4455



Media

Christina Griffin

Christina.griffin@sealedair.com

704.430.5742

Source: Sealed Air Corporation

FAQ

What is the dividend amount for Sealed Air Corporation in December 2021?

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

When is the dividend payable for Sealed Air Corporation?

The dividend is payable on December 17, 2021.

What is the record date for Sealed Air Corporation's dividend?

Stockholders must be on record by December 3, 2021, to receive the dividend.

What are Sealed Air Corporation's sustainability goals?

Sealed Air Corporation aims to make all packaging recyclable or reusable by 2025 and achieve net-zero carbon emissions by 2040.