Investors Rejoice as Tredegar Declares Dividend! – Get the details here in this article. Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally and has announced a dividend payout of $0.13 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Tredegar reporting total revenue of 939.50 million USD with a total net income of 28.46 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Tredegar’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Tredegar to their investment portfolio.
The dividend payout of $0.13 per stock represents a dividend yield of approximately 5.52% based on Tredegar’s current market price of $9.42 per stock.
Investors who hold Tredegar stocks are likely to benefit from this announcement as they will receive the dividend payout. Tredegar’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 16 June 2023. Therefore, investors who wish to receive the dividend must purchase Tredegar stocks before 16 June 2023.
Tredegar Dividend History | Investors Rejoice as Tredegar Declares Dividend!
Tredegar Dividend – The current dividend yield of Tredegar is 5.52%.
| Dividend | Amount | Date |
| Cash Dividend | $0.130 | Mar 23, 2023 |
| Cash Dividend | $0.130 | Dec 15, 2022 |
| Cash Dividend | $0.130 | Sep 15, 2022 |
| Cash Dividend | $0.120 | Jun 16, 2022 |
| Cash Dividend | $0.120 | Mar 24, 2022 |
| Cash Dividend | $0.120 | Dec 16, 2021 |
Dividend Stocks 2023
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally.
Tredegar management:
President, Chief Executive Officer, and Director – John M. Steitz
Website: tredegar.com
Conclusion
In conclusion, Tredegar’s dividend announcement of $0.13 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of 16 June 2023, and consider adding Tredegar to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Tredegar a good investment?
As per experts, Tredegar looks suitable for long-term investment.
Is Tredegar Government or Private?
Tredegar is a private company.
Is Tredegar a dividend-paying stock?
Yes, Tredegar is a dividend-paying stock. The current dividend yield of Tredegar is 5.52%.
What does Tredegar do?
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally.
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