Tredegar Corporation

NYSE TG

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Tredegar Corporation Cash Dividend Coverage Ratio 2 year CAGR for the year ending December 31, 2023: -21.35%

Tredegar Corporation Cash Dividend Coverage Ratio 2 year CAGR is -21.35% for the year ending December 31, 2023. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Tredegar Corporation Cash Dividend Coverage Ratio for the year ending December 31, 2022 was -1.23, a -128.13% change year over year.
Tredegar Corporation Cash Dividend Coverage Ratio for the year ending December 31, 2021 was 4.37, a 1,168.26% change year over year.
Tredegar Corporation Cash Dividend Coverage Ratio for the year ending December 31, 2020 was 0.34, a -95.45% change year over year.
Tredegar Corporation Cash Dividend Coverage Ratio for the year ending December 31, 2019 was 7.56, a 12.81% change year over year.

NYSE: TG

Tredegar Corporation

CEO	Mr. John M. Steitz
IPO Date	June 30, 1989
Location	United States
Headquarters	1100 Boulders Parkway, Richmond, VA, United States, 23225
Employees	1,900
Sector	Industrials
Industry	Metal fabrication

Description

Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel and flexible displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, Pearl A, and Obsidian brands. This segment provides polyethylene overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Ecophane and Sealphane brands. Tredegar Corporation was incorporated in 1988 and is headquartered in Richmond, Virginia.

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