Tredegar Corporation(NYSE:TG) Declares Dividend of $0.1100.

Tredegar Corporation (NYSE:TG) had declared a cash dividend of $0.1100 on Aug 3, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed for Sep 16, 2016. On Aug 3, 2016 share price, the yield comes out to be 2.5071%. The dividend payable date has been fixed on Oct 1, 2016.

Tredegar Corporation (TG) shares turned negative on Fridays trading session with the shares closing down -0.03 points or -0.17% at a volume of 49,048. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.91. The peak price level was also seen at $17.91 while the days lowest was $17.672. Finally the shares closed at $17.85. The 52-week high of the shares is $18.64 while the 52-week low is $11.37. According to the latest information available, the market cap of the company is $587 M.

Tredegar Corporation(TG) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $208.53M. Analysts had an estimated revenue of $208.97M. Earnings per share were $0.13. Analysts had estimated an EPS of $0.24.

Several Insider Transactions has been reported to the SEC. On Nov 17, 2015, Mary Jane Hellyar (Vice President) sold 819 shares at $14.60 per share price.Also, On Nov 17, 2015, A Brent King (Vice President and Secretary) sold 17,893 shares at $14.59 per share price.

Tredegar Corporation is engaged in the manufacture of plastic films and aluminum extrusions. The Company’s segments are Film Products and Aluminum Extrusions. Film Products involved in manufacture of plastic films elastics and laminate materials primarily for personal care products and surface protection and packaging applications. The Film Products segment offers personal care materials flexible packaging films surface protection films polyethylene overwrap and polypropylene films and films for other markets. Aluminum Extrusions segment produces soft-alloy and medium-strength aluminum extrusions primarily for building and construction distribution transportation electrical consumer durables and machinery and equipment markets. Its brands include of SoftQuilt ComfortQuilt ComfortAire ComfortFeel SoftAire FreshFeel ExtraFlex FabriFlex StretchTab FlexAire FlexFeel AquiDry AquiDry Plus AquiSoft Terphane Sealphane UltraMask ForceField and ForceField PEARL.

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