Graphic Packaging Holding Company Declares Quarterly Dividend

Rhea-AI Summary

Graphic Packaging Holding Company (NYSE: GPK) announced a quarterly dividend of $0.10 per share of common stock. The dividend will be payable on July 5, 2024, to shareholders of record as of June 15, 2024. Based in Atlanta, Georgia, Graphic Packaging is a leading consumer packaging company focusing on renewable and recycled materials. The company operates a global network of design and manufacturing facilities, serving major brands in food, beverage, foodservice, household, and other consumer products sectors.

Positive

• Quarterly dividend of $0.10 per share indicates stable cash flow.
• Focus on renewable and recycled materials aligns with environmental sustainability trends.
• Global network of facilities supports diversification and scalability.
• Partnerships with widely recognized brands enhance market credibility.

Negative

• The dividend yield may not be attractive compared to other investment opportunities.
• Dependence on the consumer products sector can expose the company to market volatility.
• Environmental commitments may increase operational costs.

News Market Reaction – GPK

+1.86%

+1.86% Session move

In the trading session that priced this news, GPK gained 1.86%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ATLANTA, May 23, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, 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 June 15, 2024. The dividend is payable on July 5, 2024.

About Graphic Packaging Holding Company
Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces consumer packaging made primarily from renewable or recycled materials. An industry leader in innovation, the Company is committed to reducing the environmental footprint of consumer packaging. Graphic Packaging operates a global network of design and manufacturing facilities serving the world's most widely recognized brands in food, beverage, foodservice, household, and other consumer products. Learn more at www.graphicpkg.com.

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SOURCE Graphic Packaging Holding Company

FAQ

When is Graphic Packaging's (GPK) quarterly dividend payable?

The quarterly dividend of $0.10 per share is payable on July 5, 2024.

What is the record date for Graphic Packaging's (GPK) latest dividend?

The record date for the dividend is June 15, 2024.

How much is Graphic Packaging's (GPK) quarterly dividend?

The quarterly dividend is $0.10 per share of common stock.

What sectors does Graphic Packaging (GPK) serve?

Graphic Packaging serves food, beverage, foodservice, household, and other consumer products sectors.

Where is Graphic Packaging (GPK) headquartered?

Graphic Packaging is headquartered in Atlanta, Georgia.