Sonoco Board Declares Regular Quarterly Common Stock Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: -1.6%
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HARTSVILLE, S.C., July 14, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.35 per share quarterly common stock dividend. The dividend will be paid on September 10, 2015, to shareholders of record as of July 14, 2015.
According to Jack Sanders, president and chief executive officer, this is the 361st consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders.
About Sonoco
Founded 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 $5.0 billion, the Company has 20,800 employees working in more than 330 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is a proud member of the 2014/2015 Dow Jones Sustainability World Index. 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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