Sonoco Declares Regular Quarterly Common Stock Dividend
13 February 2025 - 1:00PM
The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52
per share quarterly common stock dividend. This dividend will be
paid on March 10, 2025, to shareholders of record as of February
26, 2025.
According to Howard Coker, President and
Chief Executive Officer, this is the 399th consecutive quarter
and 99th year dating back to 1925, that the Company has paid
dividends to shareholders, and is the 41st consecutive year the
Company has increased its annualized dividend. Based on the closing
price of Sonoco’s common stock on February 11, 2024, the
Company’s dividend provides an approximate 4.4 percent yield, which
is more than double the dividend yield of the S&P 500
Index.
About Sonoco Sonoco (NYSE: SON)
is a global leader in high-value, sustainable packaging that serves
some of the world’s best-known brands. Our portfolio is composed of
leading products that serve large, attractive end markets for metal
and fiber consumer and industrial packaging. Guided by our purpose
of Better Packaging. Better Life™, we foster a culture of
innovation, collaboration, and excellence to provide solutions that
better serve all our stakeholders and support a sustainable future.
With net sales of approximately $6.8 billion in
2023, Sonoco has approximately 22,000 employees working
in more than 300 operations around the world. Sonoco was named
one of America’s Most Responsible Companies by Newsweek. For more
information on the Company, visit our website
at www.sonoco.com.
Contact: |
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Roger Schrum |
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843-339-6018 |
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roger.schrum@sonoco.com |
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