Sonoco (SON) Raises Quarterly Dividend 9.4% to $0.35; 3.1% Yield

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Sonoco Increases Common Stock Dividend by 9.4 Percent

April 15, 2015 11:50 AM EDT

HARTSVILLE, S.C., April 15, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.35 per share quarterly common stock dividend, a 9.4 percent increase from the previous quarterly dividend of $.32 per share. The dividend will be paid on June 10, 2015, to shareholders of record as of May 16, 2014.

According to Jack Sanders, president and chief executive officer, this is the 33rd consecutive year that Sonoco has raised common stock dividends and marks 360 consecutive quarters, dating back to 1925, that the Company has paid dividends to shareholders. If annualized, Sonoco's new dividend is projected to... More

Sonoco Increases Common Stock Dividend by 9.4 Percent

April 15, 2015 11:50 AM EDT

HARTSVILLE, S.C., April 15, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.35 per share quarterly common stock dividend, a 9.4 percent increase from the previous quarterly dividend of $.32 per share. The dividend will be paid on June 10, 2015, to shareholders of record as of May 16, 2014.

According to Jack Sanders, president and chief executive officer, this is the 33rd consecutive year that Sonoco has raised common stock dividends and marks 360 consecutive quarters, dating back to 1925, that the Company has paid dividends to shareholders. If annualized, Sonoco's new dividend is projected to... More

Sonoco Announces New Consumer Growth Projects

April 15, 2015 11:00 AM EDT

New Flexible Packaging Laminator and Press to Expand Operations in Texas, Ohio 

New Research and Development Facility Being Built on Hartsville, S.C. Campus

HARTSVILLE, S.C., April 15, 2015 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, announced today at its annual shareholders meeting that it will increase production capabilities and support R&D innovation through several significant growth projects for its Consumer Packaging businesses.

Jack Sanders, president and chief executive officer, announced Sonoco will... More