Sonoco (SON) Raises Quarterly Dividend 4.9% to $0.43; 2.8% Yield

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Go back to Sonoco (SON) Raises Quarterly Dividend 4.9% to $0.43; 2.8% Yield

Sonoco Increases Common Stock Dividend by 5 Percent

April 17, 2019 11:52 AM EDT

HARTSVILLE, S.C., April 17, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today declared a $.43 per share quarterly common stock dividend, an approximately 5 percent increase from the previous quarterly dividend of $.41 per share. The dividend will be paid on June 10, 2019, to shareholders of record as of May 10, 2019.

According to Rob Tiede, president and chief executive officer, this is the 37th consecutive year that Sonoco has grown common stock dividends and the 376th consecutive quarter, dating... More