Sealed Air (SEE) Raises Quarterly Dividend 23.1% to $0.16; 1.4% Yield

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Go back to Sealed Air (SEE) Raises Quarterly Dividend 23.1% to $0.16; 1.4% Yield

Sealed Air Raises Quarterly Cash Dividend

March 21, 2016 4:30 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) announced today that its Board of Directors has declared a 23 percent increase in the Companys quarterly cash dividend. The quarterly cash dividend will increase from $0.13 per common share to $0.16 per common share. The dividend is payable on June 17, 2016 to stockholders of record at the close of business on June 3, 2016.

Jerome A. Peribere, Sealed Air President and Chief Executive Officer, commented, We are pleased to announce an increase to our annual dividend for the first time since 2010. Our strong operational... More