Tredegar Board Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of $0.13 per share on the company’s common stock. This dividend is payable on January 1, 2023 to shareholders of record as of the close of business on December 16, 2022. In 2021, Tredegar generated sales of $826 million from continuing operations and operates in North America, South America, and Asia across three primary business segments: custom aluminum extrusions, surface protection films, and specialized polyester films.

Positive

• Quarterly dividend of $0.13 per share supports investor returns.

Negative

• None.

RICHMOND, Va.--(BUSINESS WIRE)-- The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock. The dividend is payable on January 1, 2023 to shareholders of record at the close of business on December 16, 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 2,300 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/20221115006391/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)?

The dividend amount declared by Tredegar Corporation (TG) is $0.13 per share.

When is the dividend payable for Tredegar Corporation (TG)?

The dividend is payable on January 1, 2023.

What is the record date for the dividend of Tredegar Corporation (TG)?

The record date for the dividend is December 16, 2022.

What were Tredegar Corporation's sales for 2021?

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

What markets does Tredegar Corporation (TG) operate in?

Tredegar Corporation operates in North America, South America, and Asia.