Silgan Holdings (SLGN) Announces 2-for1 Stock Split; Declares Dividend

Silgan Holdings Inc. (Nasdaq: SLGN), a leading supplier of rigid packaging for consumer goods products, announced today that its Board of Directors declared a two-for-one stock split of its issued Common Stock, to be effected in the form of a stock dividend. Stockholders of record at the close of business on May 15, 2017 will be issued one additional share of Common Stock of the Company for each share of Common Stock of the Company held by such stockholders on that date. Such additional shares of Common Stock of the Company will be distributed on May 26, 2017. Silgan also announced today that its Board of Directors declared a quarterly cash dividend on its Common Stock.

Silgan Holdings (NASDAQ: SLGN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on June 15, 2017, to stockholders of record on June 1, 2017, with an ex-dividend date of May 30, 2017.

The annual yield on the dividend is 0.6 percent.

For a dividend history and other dividend-related data on Silgan Holdings (SLGN) click here.

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