Sonoco (SON) Raises Quarterly Dividend 5.4% to $0.39; 3% Yield

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Go back to Sonoco (SON) Raises Quarterly Dividend 5.4% to $0.39; 3% Yield

Sonoco Increases Common Stock Dividend by 5.4 Percent

April 19, 2017 11:43 AM EDT

HARTSVILLE, S.C., April 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.39 per share quarterly common stock dividend, a 5.4 percent increase from the previous quarterly dividend of $.37 per share. The dividend will be paid on June 9, 2017, to shareholders of record as of May 12, 2017.

According to Jack Sanders, president and chief executive officer, this is the 35th... More