Tredegar Board Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of Tredegar Corporation (NYSE:TG) has declared a quarterly dividend of $0.12 per share on its common stock, with a payment date set for January 1, 2022. Shareholders on record by the close of business on December 17, 2021 will be eligible for the dividend. Tredegar operates in three primary sectors: custom aluminum extrusions, surface protection films, and specialized polyester films. In 2020, the company reported $755 million in sales from continuing operations.

Positive

• Declared quarterly dividend of $0.12 per share, indicating financial stability.
• Reported $755 million in sales from continuing operations in 2020.

Negative

• None.

RICHMOND, Va.--(BUSINESS WIRE)-- The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of twelve cents ($0.12) per share on the company’s common stock. The dividend is payable on January 1, 2022 to shareholders of record at the close of business on December 17, 2021.

Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets; surface protection films for high-technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market. Tredegar had 2020 sales from continuing operations of $755 million. With approximately 2,400 employees, the Company operates manufacturing facilities in North America, South America, and Asia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104006127/en/

Neill Bellamy

Phone: 804/330-1211

E-mail: neill.bellamy@tredegar.com

Source: Tredegar Corporation

FAQ

What is the dividend amount declared by Tredegar Corporation?

Tredegar Corporation declared a quarterly dividend of $0.12 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 1, 2022.

What is the record date for Tredegar Corporation's dividend?

The record date for the dividend is December 17, 2021.

How much sales did Tredegar Corporation report in 2020?

Tredegar Corporation reported $755 million in sales from continuing operations in 2020.