Sonoco Raises Quarterly Dividend, Highlights Company Growth
Sonoco Increases Quarterly Dividend for Shareholders
The Board of Directors of Sonoco (NYSE: SON) has announced a quarterly common stock dividend of $0.53 per share. This dividend is set to benefit shareholders who are on record by the announcement date, continuing the company's dedication to returning value to its investors.
A Century of Dividend Payments
Sonoco is proud to announce that this marks the 402nd consecutive quarter of dividend payments, celebrating an incredible milestone of 100 years of consistent disbursements to its shareholders. Howard Coker, President and Chief Executive Officer, shared that this achievement underscores the company's long-standing commitment to enhancing shareholder value, exemplified by an annualized dividend increase for the 42nd consecutive year.
Strong Yield and Commitment
Given the recent market closing price of Sonoco's stock, the dividend yields an attractive return of approximately 5.35%. This is notably more than double the yield offered by the S&P 500 Index, which reflects Sonoco's position as a favorable option for investors seeking reliable dividend income.
About Sonoco: A Leader in Packaging Solutions
Founded in 1899, Sonoco has grown to be a global leader in providing a diverse range of sustainable metal and fiber packaging solutions for both consumer and industrial markets. With an expansive workforce of about 23,400 employees operating in 285 locations across 40 countries, Sonoco serves well-known brands worldwide. The company’s ethos is centered around 'Better Packaging. Better Life.', which drives innovation and excellence in every aspect of their work.
Recognition for Sustainability
Sonoco's commitment to sustainability did not go unnoticed. In 2025, the company earned accolades as one of America's Most Admired and Responsible Companies, highlighting its efforts in ethical business practices. Additionally, it has been recognized by USA TODAY's list of America's Climate Leaders, underscoring its proactive steps toward environmental responsibility.
Contact and More Information
For inquiries or additional information, individuals can reach out to Roger Schrum at 843-339-6018 or via email at roger.schrum@sonoco.com. This open channel further illustrates Sonoco's commitment to transparency and stakeholder engagement.
Frequently Asked Questions
What is the amount of the declared dividend by Sonoco?
Sonoco has declared a quarterly dividend of $0.53 per share for its common stock.
How often does Sonoco pay dividends?
Sonoco pays dividends quarterly, continuing a long history of consistent payments to shareholders.
How long has Sonoco been paying dividends?
The company has been paying dividends for 100 years and has done so consecutively for 402 quarters.
What is Sonoco's stock ticker symbol?
Sonoco’s stock trades under the ticker symbol SON on the New York Stock Exchange.
How can I find out more about Sonoco's sustainability initiatives?
More information about Sonoco's sustainability efforts and their impact can be found on their official website at www.sonoco.com.
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