Sonoco Board Declares Regular Quarterly Common Stock Dividend
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NEUTRAL ( Up)
Dividend Yield: 3.7%
EPS Growth %: -100.0%
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HARTSVILLE, S.C., Oct. 18, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.37 per share quarterly common stock dividend. The dividend will be paid on December 9, 2016, to shareholders of record as of November 11, 2016.
According to Jack Sanders, president and chief executive officer, this is the 366th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders.
About SonocoFounded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5 billion, the Company has 21,000 employees working in more than 330 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. For more information on the Company, visit our website at www.sonoco.com.
Contact: Roger Schrum +843/339-6018 [email protected]Source: Sonoco Products Company
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