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. This dividend is payable on July 1, 2022, to shareholders of record at the close of business on June 17, 2022. Tredegar, an industrial manufacturer, reported $826 million in sales from continuing operations in 2021 and employs approximately 2,400 individuals across manufacturing facilities in North America, South America, and Asia.

Positive

• Declared a quarterly dividend of $0.12 per share, enhancing shareholder returns.
• Strong sales of $826 million from continuing operations for 2021.

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 July 1, 2022 to shareholders of record at the close of business on June 17, 2022.

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 2021 sales from continuing operations of $826 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/20220505006015/en/

Neill Bellamy

Phone: 804/330-1211

E-mail: neill.bellamy@tredegar.com

Source: Tredegar Corporation

FAQ

When will the dividend for Tredegar Corporation (TG) be paid?

The dividend will be paid on July 1, 2022.

What is the amount of the quarterly dividend declared by Tredegar Corporation (TG)?

The quarterly dividend declared is $0.12 per share.

What are the record dates for the Tredegar Corporation (TG) dividend?

Shareholders of record will be eligible for the dividend if they hold shares before June 17, 2022.

What were Tredegar Corporation's (TG) sales in 2021?

Tredegar Corporation reported sales of $826 million from continuing operations in 2021.