RICHMOND, Va.--(BUSINESS WIRE)--Feb. 28, 2013--
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.
Source: Tredegar Corporation
Tredegar Corporation
Neill Bellamy, 804-330-1211
Fax:
804-330-1777
neill.bellamy@tredegar.com
www.tredegar.com