Tredegar Board Declares Quarterly Dividend

Rhea-AI Summary

The board of Tredegar Corporation (NYSE:TG) announced a quarterly dividend of $0.12 per share on its common stock. The dividend will be paid on April 1, 2022, to shareholders recorded by the close of business on March 25, 2022. In 2021, Tredegar generated sales of $826 million from continuing operations. The company specializes in custom aluminum extrusions, surface protection films for electronics, and polyester films for flexible packaging across North America, South America, and Asia, employing approximately 2,400 people.

Positive

• Quarterly dividend of $0.12 per share demonstrates commitment to returning value to shareholders.
• 2021 sales of $826 million indicate robust operational performance.

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 April 1, 2022 to shareholders of record at the close of business on March 25, 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/20220310005755/en/

Neill Bellamy

Phone: 804/330-1211

E-mail: neill.bellamy@tredegar.com

Source: Tredegar Corporation

FAQ

What is the dividend amount for Tredegar Corporation (TG)?

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

When will the dividend for TG be paid?

The dividend will be paid on April 1, 2022.

What date is the record for the TG dividend?

Shareholders must be on record by March 25, 2022, to receive the dividend.