Sonoco (SON) Misses Q4 EPS by 1c, Beats on Revenues; Boosts FY18 EPS Mid-Point Guidance Above Consensus

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Sonoco Products (SON) PT Lowered to $51 at Vertical Research Partners on 4Q Report; ''Tax Benefit Smaller than Expected, but Volume Growth Remains on Track'

February 16, 2018 10:38 AM EST

Vertical Research Partners lowered its price target on Sonoco Products (NYSE: SON) to $51.00 (from $52.00) while maintaining a Hold rating, following the company's fourth quarter earnings report.

Analyst Chip Dillon notes a cautious outlook on the shares, as SON reported fourth quarter fourth quarter earnings... More

Sonoco (SON) Declares $0.39 Quarterly Dividend; 3.1% Yield

February 14, 2018 12:03 PM EST

Sonoco (NYSE: SON) declared a quarterly dividend of $0.39 per share, or $1.56 annualized.

The dividend will be payable on March 9, 2018, to stockholders of record on February 28, 2018, with an ex-dividend date of February 27, 2018.

The annual yield on the dividend is 3.1 percent.

For a... More