Tredegar Board Declares Increased Dividend

The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of seven cents ($.07) per share on the company’s common stock, representing a four cent ($.04) increase in the dividend on an annualized basis. The dividend is payable on April 1, 2013 to shareholders of record at the close of business on March 15, 2013.

Nancy M. Taylor, Tredegar’s president and chief executive officer, said, “We are pleased to increase our annual dividend rate by 16.7%, which represents an important element for providing a return to our shareholders. This is our third dividend increase in three calendar years.”

Based in Richmond, Virginia, Tredegar Corporation is primarily a global manufacturer of plastic films and aluminum extrusions. With approximately 2,700 employees, the company operates manufacturing facilities in North America, South America, Europe and Asia. Additional information regarding Tredegar Corporation is available at www.tredegar.com.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX