Tredegar Corporation (NYSE:TG) announced today that it will host a live webcast at 5:00 p.m. EST on Monday, February 24, 2014 to discuss the Company’s 2013 annual financial results. A press release detailing Tredegar’s fourth quarter and full-year earnings will also be issued at market close on Monday, February 24, 2014. To register to listen to the webcast and view the slide presentation, go to the Company’s website, www.tredegar.com, and select the “2013 Annual Financial Results Webcast” link in the Investors section of the website. Supplemental materials related to the webcast will be available in the Investors section of the website prior to the start of the event. A webcast replay will be available shortly after the call’s completion through March 24, 2014. An archived webcast replay of the call will also be available on the Tredegar website through May 24, 2014. Tredegar Corporation is primarily a manufacturer of plastic films and aluminum extrusions. A global company headquartered in Richmond, Virginia, Tredegar had 2012 sales of $882 million. With approximately 2,700 employees, the company operates manufacturing facilities in North America, South America, Europe, and Asia.
Shareholders of Tredegar Corp. looking to boost their income beyond the stock's 1.6% annualized dividend yield can sell the June covered call at the $25 strike and collect the premium based on the 80 cents bid, which annualizes to an additional 8.5% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.2% annualized rate in the scenario where the stock is not called away.