SEE Declares Quarterly Cash Dividend

Rhea-AI Summary

Sealed Air (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, scheduled for payment on September 23, 2022, to stockholders of record by September 9, 2022. The company reported $5.5 billion in sales for 2021 and employs approximately 16,500 people globally. Sealed Air focuses on sustainable packaging solutions to enhance the food supply chain and protect transported goods. Notably, it has committed to making 100% of its packaging recyclable or reusable by 2025.

Positive

• Declared a quarterly dividend of $0.20 per share, enhancing income for shareholders.
• Generated $5.5 billion in sales for 2021, indicating strong financial performance.
• Committed to sustainability with a goal of 100% recyclable or reusable packaging by 2025.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- SEE (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 23, 2022 to stockholders of record at the close of business on September 9, 2022.

About SEE

Sealed Air (NYSE: SEE) is in business to protect, solve critical packaging challenges, and make our world better than we find it. Our automated packaging solutions promote 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, SEE Automation™ solutions and prismiq™ smart packaging and digital printing.

SEE’s Operating Model, together with our industry-leading expertise in materials, engineering and technology, create value through more sustainable, automated, and digitally connected packaging solutions.

We are leading the packaging industry in creating a more environmentally, socially, and economically sustainable future and have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.5 billion in sales in 2021 and has approximately 16,500 employees who serve customers in 114 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/20220816005848/en/

Company

Investors

Brian Sullivan

Brian.c.sullivan@sealedair.com

704.503.8841

Media

Christina Griffin

Christina.griffin@sealedair.com

704.430.5742

Source: Sealed Air

FAQ

What is the dividend amount declared by Sealed Air?

Sealed Air declared a dividend of $0.20 per common share.

When will the Sealed Air dividend be paid?

The dividend will be paid on September 23, 2022.

What is the record date for the Sealed Air dividend?

The record date for the dividend is September 9, 2022.

What are Sealed Air's sustainability goals?

Sealed Air aims to make 100% of its packaging recyclable or reusable by 2025.