Facebook Twitter LinkedIn Google Plus RSS

Following price increase, Sealed Air declares dividend

By ,

Elmwood Park-based food safety and packaging company Sealed Air announced Thursday its board has approved a cash dividend of 13 cents per common share. The dividend is payable on December 20, 2013 to stockholders of record at the close of business on December 6, 2013.

The company announced on Tuesday a North American price increase between 4 and 9 percent for most of its food and product care items, according to an earlier release. The company blamed the increase on rises in prices charged by petrochemical suppliers in the North American market, which provide the company with the raw materials it uses to make many of its products.

SEE Chart

SEE data by YCharts

Also Popular on NJBIZ

Write to the Editorial Department at editorial@njbiz.com

Related Stories

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!