Sonoco (SON) Raises Quarterly Dividend 5.1% to $0.41; 3.3% Yield

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Sonoco Increases Common Stock Dividend by 5.1 Percent

April 18, 2018 12:01 PM EDT

HARTSVILLE, S.C., April 18, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.41 per share quarterly common stock dividend, a 5.1 percent increase from the previous quarterly dividend of $.39 per share. The dividend will be paid on June 8, 2018, to shareholders of record as of May 11, 2018.

According to Rob Tiede, president and chief executive officer, this is the 36th... More