Sonoco Declares Regular Quarterly Common Stock Dividend
July 17 2024 - 11:00AM
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 September 10, 2024, to shareholders of record as of August
9, 2024.
According to Howard Coker, President and
Chief Executive Officer, this is the 397th consecutive quarter
and 99th 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 July 16, 2024, the Company’s
dividend provides an approximate 3.6 percent yield, which is more
than double the dividend yield of the S&P 500 Index.
About Sonoco With net sales of
approximately $6.8 billion in 2023, the Company has
approximately 23,000 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. Sonoco was named one of America's Most
Responsible Companies by Newsweek. For more information on the
Company, visit our website at sonoco.com.
Contact: Lisa Weeks
+843-383-7524lisa.weeks@sonoco.com
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