Sonoco Declares Regular Quarterly Common Stock Dividend
October 15 2024 - 10:20AM
UK Regulatory
Sonoco Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Oct. 15, 2024 (GLOBE NEWSWIRE)
-- 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 December 10, 2024, to shareholders of record as of
November 8, 2024.
According to Howard Coker, President and
Chief Executive Officer, this is the
398th 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 October 14, 2024, the Company’s
dividend provides an approximate 3.8 percent yield, which is more
than double the dividend yield of the S&P 500 Index.
About Sonoco
With net sales of approximately $6.8 billion in 2023, the
Company has approximately 22,000 employees working in more than 300
operations around the world, serving some of the world’s best-known
brands. With our corporate purpose of Better Packaging. Better
Life., Sonoco is committed to creating sustainable
products and a better world for our customers, employees, and
communities. Sonoco was named one of America's Most
Responsible Companies by Newsweek. For more information on the
Company, visit our website at sonoco.com.
Contact:
Lisa Weeks
+843-383-7524
lisa.weeks@sonoco.com
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