Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings Inc. (NYSE: SLGN) Declares Quarterly Cash Dividend of $0.18 per Share, Marking 78 Consecutive Quarters of Dividend Payments. Company's Annual Net Sales Reached Approximately $6.4 Billion in 2022.

Positive

• Silgan Holdings Inc. continues its trend of increasing quarterly cash dividends, demonstrating financial stability and shareholder value.
• The Company's annual net sales of approximately $6.4 billion in 2022 reflect strong performance in the rigid packaging solutions market.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved an $0.18 per share quarterly cash dividend payable on September 15, 2023 to the holders of record of common stock of the Company on September 1, 2023. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-eight consecutive quarters since 2004.

Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $6.4 billion in 2022. Silgan operates 110 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for food, beverage, health care, garden, home, personal care, fragrance and beauty products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230801271513/en/

Alexander Hutter

Vice President, Investor Relations

AHutter@silgan.com

203-406-3187

Source: Silgan Holdings Inc.

FAQ

What is the dividend amount declared by Silgan Holdings Inc.?

Silgan Holdings Inc. declared a quarterly cash dividend of $0.18 per share.

When will the dividend be payable to the holders of record?

The dividend will be payable on September 15, 2023, to the holders of record of common stock of the Company on September 1, 2023.

How many manufacturing facilities does Silgan Holdings Inc. operate?

Silgan operates 110 manufacturing facilities in North and South America, Europe, and Asia.

What are the key product lines of Silgan Holdings Inc.?

The Company is a leading supplier of dispensing and specialty closures, metal containers, and custom containers for various consumer goods products.

What was Silgan Holdings Inc.'s annual net sales in 2022?

The Company's annual net sales reached approximately $6.4 billion in 2022.