Sealed Air declares quarterly cash dividend of $0.20 per share

Published 16/07/2025, 21:14
Sealed Air declares quarterly cash dividend of $0.20 per share

CHARLOTTE - Sealed Air Corporation (NYSE:SEE) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share.

The dividend will be payable on September 26, 2025, to stockholders of record at the close of business on September 12, 2025.

Sealed Air, headquartered in Charlotte, North Carolina, is a provider of packaging solutions that integrate materials, automation, equipment and services. The company serves markets including fresh proteins, foods, fluids, medical and life sciences, e-commerce retail, and industrial applications.

The company’s product portfolio includes brands such as CRYOVAC food packaging, LIQUIBOX liquids systems, and BUBBLE WRAP packaging. Sealed Air reported sales of $5.4 billion in 2024 and employs approximately 16,400 people across 117 countries and territories.

This announcement was made in a company press release statement issued Today.

In other recent news, Sealed Air Corporation reported its first-quarter 2025 earnings, exceeding expectations with an adjusted EPS of $0.81, surpassing the forecast of $0.67. The company’s revenue matched expectations at $1.27 billion, showing resilience despite a slight decline from the previous year. UBS maintained its buy rating on Sealed Air, citing the company’s focus on cost reduction across its Food and Protective segments under new executive leadership. Truist Securities also reiterated its Buy rating, emphasizing Sealed Air’s potential to meet its second-quarter guidance. Jefferies raised Sealed Air’s price target from $29.00 to $34.00, maintaining a Hold rating, and noted improvements in the company’s Protective division operations. Additionally, Sealed Air held its 2025 Annual Meeting of Stockholders, where all director nominees were elected, and PricewaterhouseCoopers LLP was ratified as the independent auditor. The company is also focusing on enhancing customer retention and expanding its product offerings to drive future growth.

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