Greif, Inc. Declares Quarterly Dividend
Rhea-AI Summary
Greif (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, has announced its quarterly dividend declaration. The company's Board of Directors has declared a quarterly cash dividend of $0.54 per share for Class A Common Stock and $0.81 per share for Class B Common Stock. These dividends will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.
The company operates globally with over 14,000 employees across more than 250 facilities in 37 countries. Greif's product portfolio includes steel, plastic and fiber drums, intermediate bulk containers, reconditioned containers, containerboard, corrugated products, uncoated and coated recycled paperboard, and specialty products. They also manage timber properties in the southeastern United States.
Positive
- Consistent dividend payment demonstrates financial stability
- Broad global presence with 250+ facilities in 37 countries
- Diversified product portfolio across multiple packaging segments
Negative
- None.
News Market Reaction – GEF
On the day this news was published, GEF declined 0.23%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DELAWARE, Ohio, Feb. 24, 2025 (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
Dividends are payable on April 1, 2025, to stockholders of record at the close of business on March 17, 2025.
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: being the best customer service company in the world. The Company produces steel, plastic and fiber 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 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
