Ex-Dividend Date Insight: Sealed Air

On February 11, 2021, Sealed Air SEE announced shareholders can expect to receive a dividend payable on March 19, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Sealed Air has an ex-dividend date set for for March 4, 2021. The company's current dividend payout is $0.16, which equates to a dividend yield of 1.44% at current price levels.

What Is An Ex-Dividend Date?

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Sealed Air's Dividend History

Over the past year, Sealed Air has seen its dividend payouts remain the same and its yields trend downward. Last year on March 5, 2020 the company's payout sat at $0.16, which has returned to its value today. Sealed Air's dividend yield last year was 1.78%, which has since decreased by 0.34%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more news on Sealed Air click here.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsBZI-ExDiv
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!