Sealed Air (SEE) Raises Quarterly Dividend 25% to $0.20; 1.5% Yield

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Sealed Air Raises Quarterly Cash Dividend

May 18, 2021 4:30 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) announced today that its Board of Directors has declared a 25% increase in the Companys quarterly cash dividend. The quarterly cash dividend will increase from $0.16 per common share to $0.20 per common share. The dividend is payable on June 18, 2021 to stockholders of record at the close of business on June 4, 2021.

Our confidence in the SEE Operating Engine, which is driving strong growth and cash generation, allows us to raise our dividend. Looking forward, we will continue our balanced approach to capital allocation of returning... More