Sealed Air Keeping Dividend Steady

Food and facility safety company Sealed Air will be keeping its dividend steady this quarter at $0.13 per share. Sealed Air has paid the same amount to shareholders since March 2011, after raising its payout by $0.01.

The company's most recent quarterly dividend will be payable on Dec. 20 to shareholders of record as of Dec. 6. On an annualized basis, Sealed Air's dividend adds to $0.52. The company's stock was trading at $26.59 as of the market's close on Oct. 9. This puts Sealed Air's current dividend yield at 1.9%.

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The article Sealed Air Keeping Dividend Steady originally appeared on Fool.com.

Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool owns shares of Sealed Air. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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