Sonoco Declares Regular Quarterly Common Stock Dividend
19 Julho 2023 - 1:00PM
The Board of Directors of Sonoco (NYSE: SON) has declared a $0.51
per share quarterly common stock dividend. This dividend will be
paid on September 8, 2023, to shareholders of record as of August
10, 2023.
According to Howard Coker, President and Chief Executive
Officer, this is the 393rd consecutive quarter, dating back to
1925, that the Company has paid dividends to shareholders, and is
the 40th consecutive year the Company has increased its dividend.
Based on the closing price of Sonoco’s common stock on July 19,
2023, the Company’s dividend provides an approximate 3.5 percent
yield, which is double the dividend yield of the S&P 500
Index.
About SonocoFounded in 1899, Sonoco (NYSE:SON)
is a global provider of packaging products. With net sales of
approximately $7.3 billion in 2022, the Company has approximately
22,000 employees working in more than 310 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 |
|
843-383-7524 |
|
lisa.weeks@sonoco.com |
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