Greif, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Greif Inc (NYSE: GEF, GEF.B) has declared its quarterly cash dividends, with $0.54 per share for Class A Common Stock and $0.80 per share for Class B Common Stock. The dividends will be paid on January 1, 2025, to stockholders of record as of December 16, 2024.

Greif is a global industrial packaging company with over 14,000 employees across more than 250 facilities in 37 countries. The company produces various packaging solutions including steel, plastic and fibre drums, intermediate bulk containers, containerboard, and specialty products. They also manage timber properties in the southeastern United States.

Positive

• Consistent dividend payment demonstrates financial stability
• Extensive global presence with 250+ facilities in 37 countries
• Diversified product portfolio across multiple packaging segments

Negative

• None.

News Market Reaction – GEF

-0.39%

1 alert

-0.39% News Effect

On the day this news was published, GEF declined 0.39%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DELAWARE, Ohio, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.80 per share on its Class B Common Stock.

Dividends are payable on January 1, 2025, to stockholders of record at the close of business on December 16, 2024.

About Greif, Inc.

Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, corrugated sheets and products, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides other packaging services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company has a workforce of over 14,000 colleagues spread across more than 250 facilities in 37 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.

Contact:

Bill D’Onofrio
614-499-7233
bill.donofrio@greif.com

FAQ

What is Greif's (GEF) quarterly dividend for Class A shares in 2025?

Greif's quarterly dividend for Class A shares is $0.54 per share, payable on January 1, 2025.

When is the record date for Greif's (GEF) Q1 2025 dividend?

The record date for Greif's Q1 2025 dividend is December 16, 2024.

What is the difference between Greif's Class A and Class B dividend amounts?

Greif's Class B shares receive a higher dividend of $0.80 per share compared to $0.54 per share for Class A shares.

How many facilities does Greif (GEF) operate globally?

Greif operates more than 250 facilities across 37 countries globally.