RICHMOND, Va.--(BUSINESS WIRE)--Aug. 2, 2012--
The board of directors of Tredegar Corporation (NYSE:TG) declared a
quarterly dividend of six cents($.06) per share on the company’s common
stock, representing a six cent($.06) or 33% increase in the dividend on
an annualized basis. The dividend is payable on October 1, 2012 to
shareholders of record at the close of business on September 14, 2012.
Nancy M. Taylor, Tredegar’s president and chief executive officer, said,
“The increase, our second dividend increase in less than two years,
reinforces our commitment to create long-term value for our
shareholders.”
Tredegar Corporation is primarily a manufacturer of plastic films and
aluminum extrusions. With approximately 2,000 employees, the company
operates manufacturing facilities in North America, South America,
Europe and Asia.
Source: Tredegar Corporation
Tredegar Corporation
Neill Bellamy, 804-330-1211
Fax:
804-330-1777
neill.bellamy@tredegar.com