Tredegar Corporation (TG)
Tredegar Corporation (TG) is a diversified manufacturer specializing in the production of extrusions, flexible packaging, and a variety of consumer and industrial products. Founded in 1987, the company operates through its subsidiaries to serve markets such as healthcare, consumer packaging, and industrial applications, leveraging advanced manufacturing processes to deliver innovative solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 3, 2023 | $0.13 | 2023-06-15 | 2023-06-19 |
| April 1, 2023 | $0.13 | 2023-03-23 | 2023-03-24 |
| January 1, 2023 | $0.13 | 2022-12-15 | 2022-12-16 |
| October 1, 2022 | $0.13 | 2022-09-15 | 2022-09-16 |
| July 1, 2022 | $0.12 | 2022-06-16 | 2022-06-17 |
Dividends Summary
- Tredegar Corporation has issued 81 dividend payments over the past 19 years
- The most recent dividend was paid 843 days ago, on July 3, 2023
- The highest dividend payed out to investors during this period was $5.97 per share
- The average dividend paid during this period was $0.16 per share.
Company News
The global elastic film market is expected to grow from USD 2.5 billion in 2024 to USD 3.4 billion by 2034, driven by increasing demand for personal hygiene and medical products. Key materials fueling this growth include ethylene-based elastomers, styrene-block copolymers, and propylene-based elastomers.
Discover why Zacks has rated Tredegar as "Underperform," being the first on Wall Street to initiate coverage on the stock. Delve into the challenges posed by volatile material costs, high debt, fierce competition and economic cycles, despite recent financial rebounds and strategic divestments.
As of April 3, 2024, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, i...