UPDATE: Sonoco (SON) Raises Quarterly Dividend 4.7% to $0.45; 3% Yield

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Go back to UPDATE: Sonoco (SON) Raises Quarterly Dividend 4.7% to $0.45; 3% Yield

Sonoco Increases Quarterly Common Stock Dividend

February 10, 2021 6:45 AM EST

HARTSVILLE, S.C., Feb. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend by approximately 5 percent to $0.45 per share from the previous quarterly distribution of $0.43 per share. The dividend will be paid on March 10, 2021, to shareholders of record as of February 24, 2021.

With this increase, Sonocos annual dividend payout moves to $1.80 per share from $1.72 per share, a 4.7 percent increase. Future quarterly declarations and... More