Graphic Packaging Holding Company Declares Quarterly Dividend

Rhea-AI Summary

Graphic Packaging Holding Company (NYSE: GPK) has declared a quarterly dividend of $0.10 per share. This dividend will be payable on April 5, 2023 to stockholders on record as of March 15, 2023. Graphic Packaging, based in Atlanta, Georgia, specializes in fiber-based consumer packaging, serving major companies in food, beverage, and other sectors. The company is a leading producer of folding cartons and fiber-based foodservice products in the U.S. and Europe, holding significant market positions in various paperboard sectors. For more details, visit www.graphicpkg.com.

Positive

• Quarterly dividend of $0.10 enhances shareholder income.
• Demonstrates company's commitment to returning value to shareholders.

Negative

• None.

News Market Reaction

-1.83%

1 alert

-1.83% News Effect

On the day this news was published, GPK declined 1.83%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATLANTA, Feb. 20, 2023 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), announced today that its Board of Directors declared a quarterly dividend of $0.10 per share of common stock to stockholders of record at the close of business on March 15, 2023. The dividend is payable on April 5, 2023.

About Graphic Packaging Holding Company

Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is committed to providing consumer packaging that makes a world of difference. The Company, a leading fiber-based consumer packaging provider, serves the world's most widely-recognized food, beverage, foodservice and other consumer products companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and fiber-based foodservice products in the United States and Europe, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. Additional information about Graphic Packaging, its business and its products is available at www.graphicpkg.com.

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SOURCE Graphic Packaging Holding Company

FAQ

What is the dividend amount declared by Graphic Packaging Holding Company?

Graphic Packaging Holding Company declared a quarterly dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on April 5, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is March 15, 2023.

How often does Graphic Packaging Holding Company pay dividends?

Graphic Packaging Holding Company pays dividends quarterly.

Is the dividend from Graphic Packaging Holding Company sustainable?

The sustainability of the dividend can be evaluated based on the company's financial performance and cash flow.