Sonoco Declares Regular Quarterly Common Stock Dividend
10/19/2022 - 10:30 AM
HARTSVILLE, S.C., Oct. 19, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.49 per share quarterly common stock dividend. This dividend will be paid on December 9, 2022, to shareholders of record as of November 10, 2022.
According to Howard Coker, president and chief executive officer, this is the 390th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders. Based on the closing price of Sonoco’s common stock on October 18, 2022, the Company’s dividend provides an approximate 3.14 percent yield. Future quarterly declarations and the establishment of future record and payment dates are subject to final determination by Sonoco’s Board of Directors.
About Sonoco $5.6 billion in 2021, the Company has approximately 22,000 employees working in more than 300 operations around the world, serving some of the world’s best-known brands. With our corporate purpose of Better Packaging. Better Life., Sonoco is committed to creating sustainable products, and a better world, for our customers, employees and communities. The Company ranked first in the Packaging sector on Fortune's World's Most Admired Companies for 2022 as well as being included in Barron's 100 Most Sustainable Companies for the fourth consecutive year. For more information on the Company, visit our website at www.sonoco.com
Contact: Lisa Weeks lisa.weeks@sonoco.com
SON Rankings
#3231 Ranked by Stock Gains
SON Stock Data
Industry
Other Paperboard Container Manufacturing
Sector
Manufacturing
Tags
Process Industries, Containers/Packaging, Manufacturing, Other Paperboard Container Manufacturing
Country
United States
City
Hartsville
About SON
a global supplier of innovative packaging solutions, bringing more to packaging than just the package. about us: founded in 1899, sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. with annualized net sales of approximately $4.8 billion, we have 20,000 employees working in more than 300 operations in 33 countries, serving some of the world's best known brands in some 85 nations. for more information about us, visit www.sonoco.com. what we do: sonoco is the world's largest producer of paperboard containers, and a leading manufacturer of tubes and cores; convenience closures; consumer and industrial thermoformed plastic packaging; engineered molded and extruded plastic products; protective, temperature and retail assurance packaging. awards and accolades: third-party organizations regularly recognize us for our corporate citizenship. we've been listed in the dow jones sustainability
