Sonoco (NYSE: SON) increased its quarterly common stock dividend to $0.54 per share, payable June 10, 2026, to shareholders of record May 8, 2026.
The raise moves Sonoco's annual dividend to $2.16 per share (about a 2% increase) and yields approximately 3.9% based on the April 14, 2026 close. The company noted this marks its 404th consecutive quarter of dividend payments and the 43rd consecutive year of increases. Future declarations remain subject to Board approval.
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Positive
Quarterly dividend increased to $0.54 per share
Annual dividend raised to $2.16 per share
Dividend yield approximately 3.9% as of April 14, 2026
404 consecutive quarters of dividend payments dating to 1925
$3+ billion operating cash flow generated over the past five years
$1.2 billion returned to shareholders via dividends and buybacks
Negative
None.
HARTSVLLE, S.C., April 15, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable metal and paper packaging, today increased its quarterly common stock dividend to $0.54 per share to be paid on June 10, 2026, to shareholders of record as of May 8, 2026.
With the increase, Sonoco’s annual dividend payout moves to $2.16 per share up from $2.12 per share, an increase of approximately 2%. Future quarterly dividend declarations and the establishment of future record and payment dates are subject to final determination by Sonoco’s Board of Directors.
According to Howard Coker, president and chief executive officer, this is the 404th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders, and it is the 43rd consecutive year that Sonoco has increased its dividend. Based on the closing price of Sonoco’s common stock on April 14, 2026, the Company dividend provides an approximate 3.9% yield, which is double the dividend yield of the S&P 500 Index.
“Sonoco’s strategy is focused on sustainable growth, margin improvement and efficient capital allocation, including returning capital to shareholders. Over the past five years, Sonoco has generated more than $3 billion in operating cash flow and returned approximately $1.2 billion to shareholders through dividends and share repurchases. We remain one of only a handful of publicly traded companies that has paid consecutive quarterly dividends for more than 100 consecutive years,” Coker said.
About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and paper consumer and industrial packaging. The Company had net sales of $7.5 billion from continuing operations in 2025 and has approximately 22,000 employees working in 265 operations in 37 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of the World’s Most Admired Companies by Fortune in 2026 as well as one of America’s Most Admired and Responsible Companies by Fortune and Newsweek and by USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at www.sonoco.com.
Contact: Roger Schrum 843-339-6018 roger.schrum@sonoco.com
FAQ
What dividend change did Sonoco (SON) announce on April 15, 2026?
Sonoco raised its quarterly dividend to $0.54 per share, up to an annualized $2.16 per share. According to the company, the dividend is payable June 10, 2026, to shareholders of record May 8, 2026.
How does the Sonoco (SON) dividend yield compare to the S&P 500 after the April 2026 increase?
The dividend yields approximately 3.9%, about double the S&P 500 dividend yield. According to the company, the yield is based on Sonoco's closing price on April 14, 2026.
When will Sonoco (SON) shareholders receive the increased dividend declared in April 2026?
The increased quarterly dividend is payable on June 10, 2026 to shareholders of record as of May 8, 2026. According to the company, future dates remain subject to Board determination.
How long has Sonoco (SON) paid and increased dividends as of April 2026?
Sonoco reported it has paid dividends for 404 consecutive quarters (since 1925) and increased its dividend for 43 consecutive years. According to the company, this reflects a lengthy shareholder-return record.
What recent cash-return metrics did Sonoco (SON) disclose with the dividend increase?
Sonoco said it generated over $3 billion in operating cash flow in the past five years and returned about $1.2 billion to shareholders. According to the company, returns include dividends and share repurchases.
Does the April 2026 Sonoco (SON) dividend increase guarantee future payments?
No. The April 2026 increase does not guarantee future payouts; future declarations are subject to Board approval. According to the company, future record and payment dates will be determined by the Board.
