Tredegar Co. (NYSE:TG) to Issue Quarterly Dividend of $0.12

Tredegar Co. (NYSE:TG) announced a quarterly dividend on Thursday, August 6th, Zacks reports. Shareholders of record on Friday, September 18th will be given a dividend of 0.12 per share by the basic materials company on Thursday, October 1st. This represents a $0.48 annualized dividend and a yield of 2.93%. The ex-dividend date is Thursday, September 17th.

Tredegar has increased its dividend by 4.6% over the last three years and has increased its dividend every year for the last 1 years.

Tredegar stock opened at $16.39 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.59. Tredegar has a 52 week low of $11.31 and a 52 week high of $23.48. The stock has a market capitalization of $549.34 million, a P/E ratio of 204.90 and a beta of 0.98. The stock has a fifty day moving average of $17.33 and a 200-day moving average of $15.84.

Tredegar (NYSE:TG) last released its earnings results on Thursday, August 6th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter. The firm had revenue of $218.64 million for the quarter. Tredegar had a return on equity of 12.02% and a net margin of 0.31%.

Tredegar Company Profile

Tredegar Corporation, through its subsidiaries, manufactures and sells polyethylene (PE) plastic films, polyester films, and aluminum extrusions worldwide. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. The PE Films segment offers personal care materials, such as apertured films and laminate materials for use in feminine hygiene products, baby diapers, and adult incontinence products under the ComfortAire, ComfortFeel, and FreshFeel brands; elastic materials for use as components for baby diapers, adult incontinence products, and feminine hygiene products under the ExtraFlex and FlexAire brands; and three-dimensional apertured film transfer layers for baby diapers and adult incontinence products under the AquiSoft, AquiDry, and AquiDry Plus brands.

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Dividend History for Tredegar (NYSE:TG)

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