Sealed Air Corporation (NYSE:SEE) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.16 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 1.39 percent. Shareholders who purchased SEE shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Sealed Air Corporation recently reported second quarter financial results on August 6, 2020, before market open, the Charlotte based company revealed income for the second quarter of $ 0.76 per share, from the revenue of $ 1,151.00 million. The quarterly earnings dropped 8.89 percent compared with the same quarter last year. The consensus estimates are income of $ 0.57 per share from $ 1090.00 million in revenue. The bottom line results beat street analysts by $ 0.19 or 33.33 percent, at the same time, top line results outshined analysts by $ 61.00 million or 5.60 percent.
Stock Performance
Shares of Sealed Air Corporation traded up $ 1.04 or 2.31 percent on Tuesday, reaching $ 46.10 with volume of 1.01 million shares. Sealed Air Corporation has traded high as $ 46.23 and has cracked $ 45.06 on the downward trend
According to the previous trading day, closing price of $ 46.10, representing a 164.13 % increase from the 52 week low of $ 17.06 and a 2.53 % decrease over the 52 week high of $ 46.23.
The company has a market capital of $ 7.15 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. It operates in two segments, Food Care and Product Care. The Food Care segment offers integrated packaging materials and equipment solutions to provide food safety, shelf life extension, and total cost optimization for perishable food processors in the fresh red meat, smoked and processed meats, poultry, and dairy markets under the Cryovac, Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands.