Tredegar's latest quarterly dividend was on Dec 15, 2022 (ex-date) with a payout of $0.13 per share. On an annualized basis, the company has a current payout of $0.5 per share. This brings the dividend yield to 5.59% based on its recent close price.
Tredegar's dividend yield of 5.59% is higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 2.07%, Tredegar's dividend yield is 170% higher. The historical 5-year average of TG's dividend yield is 3.2%, which is lower than the current one.
Tredegar has been paying dividends since 1994. TG has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.2% for the last twelve months. And with the price of the stock down by 30% from a year ago, the dividend yield has an increase of 49%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 15, 2022 | Jan 1, 2023 | Nov 15, 2022 | $0.13 | normal |
| Sep 15, 2022 | Oct 1, 2022 | Aug 4, 2022 | $0.13 | normal |
| Jun 16, 2022 | Jul 1, 2022 | May 5, 2022 | $0.12 | normal |
| Mar 24, 2022 | Apr 1, 2022 | Mar 10, 2022 | $0.12 | normal |
| Dec 16, 2021 | Jan 1, 2022 | Nov 4, 2021 | $0.12 | normal |
| Sep 16, 2021 | Oct 1, 2021 | Aug 5, 2021 | $0.12 | normal |
| Jun 17, 2021 | Jul 1, 2021 | May 6, 2021 | $0.12 | normal |
| Mar 11, 2021 | Apr 1, 2021 | Feb 25, 2021 | $0.12 | normal |
| Dec 21, 2020 | Dec 18, 2020 | Dec 1, 2020 | $5.97 | special |
| Dec 21, 2020 | Dec 18, 2020 | Nov 5, 2020 | $0.12 | normal |
| Sep 17, 2020 | Oct 1, 2020 | Aug 6, 2020 | $0.12 | normal |
| Jun 18, 2020 | Jul 1, 2020 | May 21, 2020 | $0.12 | normal |
| Mar 12, 2020 | Apr 1, 2020 | Feb 27, 2020 | $0.12 | normal |
| Dec 12, 2019 | Jan 1, 2020 | Nov 6, 2019 | $0.12 | normal |
| Sep 12, 2019 | Oct 1, 2019 | Aug 2, 2019 | $0.12 | normal |
| Jun 13, 2019 | Jul 1, 2019 | May 2, 2019 | $0.11 | normal |
| Mar 14, 2019 | Apr 1, 2019 | Feb 22, 2019 | $0.11 | normal |
| Dec 13, 2018 | Jan 1, 2019 | Nov 2, 2018 | $0.11 | normal |
| Sep 13, 2018 | Oct 1, 2018 | Aug 2, 2018 | $0.11 | normal |
| Jun 14, 2018 | Jul 1, 2018 | May 2, 2018 | $0.11 | normal |
| Mar 15, 2018 | Apr 1, 2018 | Feb 20, 2018 | $0.11 | normal |
| Dec 14, 2017 | Jan 1, 2018 | $0.11 | normal | |
| Sep 14, 2017 | Oct 1, 2017 | Aug 2, 2017 | $0.11 | normal |
| Jun 14, 2017 | Jul 1, 2017 | May 17, 2017 | $0.11 | normal |
| Mar 15, 2017 | Apr 1, 2017 | Feb 21, 2017 | $0.11 | normal |
| Dec 14, 2016 | Jan 1, 2017 | Nov 2, 2016 | $0.11 | normal |
| Sep 14, 2016 | Oct 1, 2016 | $0.11 | normal |
Tredegar's payout ratio of 59.5% is above the Basic Materials sector and the industry average. If we compare it with its Basic Materials sector average of 27.1%, Tredegar's payout ratio is 120% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TG Tredegar Corp | 5.59% | $0.5 | 59.5% |
| MLI Mueller Industries Inc | 1.39% | $1 | 8.5% |
Yes, Tredegar has paid four dividends in the last twelve months. TG has been paying dividends since 1994.
At this point we don't have a record of TG's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Tredegar's last dividend ex-date was on Dec 15, 2022. The dividend amount was $0.13 per share.
On an annual basis TG pays $0.5 per share.
The current dividend yield of Tredegar is 5.59%.
Tredegar has a quarterly dividend frequency.
The dividend payout ratio of Tredegar is 59.5%.
Tredegar's dividend yield is higher than the Basic Materials sector average.