Pactiv Evergreen Inc. Declares Quarterly Dividend
Rhea-AI Summary
Pactiv Evergreen (NASDAQ: PTVE) has announced that its board of directors has approved a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 13, 2024 to shareholders of record as of the close of business on December 2, 2024.
Positive
- Maintaining consistent quarterly dividend payment of $0.10 per share
- Demonstrates company's ability to return value to shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PTVE declined 3.92%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LAKE FOREST, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of
About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today’s consumers. Its products, many of which are made with recycled, recyclable or renewable materials, are sold to a diversified mix of customers, including restaurants, foodservice distributors, retailers, food and beverage producers, packers and processors. Learn more at www.pactivevergreen.com.
Contact:
Curt Worthington
847.482.2040
InvestorRelations@pactivevergreen.com