Greif, Inc. Declares Quarterly Dividend
Greif, Inc. (NYSE: GEF, GEF.B) announced a quarterly cash dividend of $0.50 per share on its Class A Common Stock and $0.74 per share on Class B Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Greif, Inc. (NYSE: GEF, GEF.B) announced a quarterly cash dividend of $0.50 per share on its Class A Common Stock and $0.74 per share on Class B Common Stock. These dividends are set to be paid on January 1, 2023, to stockholders on record as of December 16, 2022. This announcement underscores Greif's commitment to returning value to shareholders while maintaining its position as a leader in industrial packaging products and services.
Positive
- Quarterly cash dividends of $0.50 for Class A and $0.74 for Class B shares indicate strong shareholder returns.
- Dividends demonstrate company confidence and commitment to rewarding investors.
Negative
- None.
Details
News Market Reaction – GEF
The recorded move for GEF in the trading session of this news was +1.08%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DELAWARE, Ohio, Dec. 6, 2022 /PRNewswire/ -- 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
The dividends are payable on January 1, 2023, to stockholders of record at the close of business on December 16, 2022.
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, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com
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SOURCE Greif, Inc.
FAQ
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