Tredegar Board Declares Quarterly Dividend

Rhea-AI Summary

Tredegar Corporation (NYSE:TG) has declared a quarterly dividend of $0.12 per share, payable on October 1, 2021, to shareholders of record by September 17, 2021. The company, engaged in custom aluminum extrusions, surface protection films, and specialized polyester films, reported $755 million in sales from continuing operations in 2020. With around 2,400 employees, Tredegar operates manufacturing facilities across North America, South America, and Asia.

Positive

• Quarterly dividend of $0.12 per share benefitting shareholders.
• Solid revenue of $755 million from continuing operations in 2020, indicating stable financial performance.

Negative

• None.

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 October 1, 2021 to shareholders of record at the close of business on September 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.

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FAQ

When is the dividend payment date for Tredegar Corporation (TG)?

The dividend payment date is October 1, 2021.

What is the amount of the declared dividend for TG stock?

The declared dividend for TG stock is $0.12 per share.

Who are eligible shareholders for the TG dividend?

Shareholders of record by the close of business on September 17, 2021, are eligible.

What was Tredegar Corporation's sales figure for 2020?

Tredegar reported $755 million in sales from continuing operations for the year 2020.

What are the main business segments of Tredegar Corporation?

Tredegar operates in custom aluminum extrusions, surface protection films, and specialized polyester films.