UPDATE – Sonoco Declares Regular Quarterly Common Stock Dividend

Rhea-AI Summary

Sonoco (NYSE: SON) has announced its quarterly common stock dividend of $0.52 per share, payable on March 10, 2025, to shareholders of record as of February 26, 2025. This marks the company's 399th consecutive quarterly dividend payment and represents the 41st consecutive year of dividend increases. The dividend payment tradition dates back to 1925, spanning 99 years of consistent shareholder returns. Based on Sonoco's stock closing price on February 11, 2025, the dividend yield stands at approximately 4.4%, which is more than double the S&P 500 Index's dividend yield.

Positive

• 41 consecutive years of dividend increases demonstrates strong financial stability
• 4.4% dividend yield is more than double the S&P 500 Index average
• 99-year track record of consistent dividend payments indicates reliable shareholder returns

Negative

• None.

HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025.

According to Howard Coker, President and Chief Executive Officer, this is the 399^th consecutive quarter and 99^th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized dividend. Based on the closing price of Sonoco’s common stock on February 11, 2025, the Company’s dividend provides an approximate 4.4 percent yield, which is more than double the dividend yield of the S&P 500 Index.

About Sonoco
Sonoco (NYSE: SON) is a global leader in high-value, sustainable packaging that serves some of the world’s best-known brands. Our portfolio is composed of leading products that serve large, attractive end markets for metal and fiber consumer and industrial packaging. Guided by our purpose of Better Packaging. Better Life™, we foster a culture of innovation, collaboration, and excellence to provide solutions that better serve all our stakeholders and support a sustainable future. With net sales of approximately $6.8 billion in 2023, Sonoco has approximately 22,000 employees working in more than 300 operations around the world. Sonoco was named one of America’s Most Responsible Companies by Newsweek. 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 is Sonoco's latest quarterly dividend amount for 2025?

Sonoco (SON) declared a quarterly dividend of $0.52 per share for Q1 2025.

When is Sonoco's Q1 2025 dividend payment date?

Sonoco's Q1 2025 dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025.

What is Sonoco's current dividend yield as of February 2025?

Based on the closing price of February 11, 2025, Sonoco's dividend yield is approximately 4.4%.

How long has Sonoco been paying dividends to shareholders?

Sonoco has been paying dividends for 99 years, since 1925, marking 399 consecutive quarterly dividend payments.

How does SON's dividend yield compare to the S&P 500?

Sonoco's 4.4% dividend yield is more than double the dividend yield of the S&P 500 Index.

How many consecutive years has Sonoco increased its annual dividend?

Sonoco has increased its annualized dividend for 41 consecutive years.