Tredegar Corporation (NYSE:TG) will begin trading ex-dividend on September 17, 2020. The quarterly dividend payment of $ 0.12 per share is scheduled to be paid on October 1, 2020. The dividend yield based on the latest trading day closing price was 2.99 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Tredegar Corporation recently reported second quarter financial results on August 6, 2020, before market open, the Richmond based company unveiled income for the second quarter of $ 0.42 per share, from the revenue of $ 218.64 million. The quarterly earnings elevated 20.00 percent while revenues fell 11.93 percent compared with the same quarter last year.
Stock Performance
Shares of Tredegar Corporation traded low $ -0.86 or -5.08 percent on Thursday, reaching $ 16.08 with volume of 92.20 thousand shares. Tredegar Corporation has traded high as $ 16.94 and has cracked $ 16.06 on the downward trend
According to the previous trading day, closing price of $ 16.08, representing a 49.78 % increase from the 52 week low of $ 11.31 and a 27.85 % decrease over the 52 week high of $ 23.48.
The company has a market capital of $ 538.95 million and is part of the Industrials sector and Conglomerates industry.
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.
