Sonoco (SON) Raises Quarterly Dividend 4.1% to $0.51; 3.3% Yield

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Sonoco Increases Quarterly Stock Dividend

April 19, 2023 11:00 AM EDT

HARTSVILLE, S.C., April 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend by approximately 4 percent to $0.51 per share from the previous quarterly distribution of $0.49 per share. This new dividend will be paid on June 9, 2023, to shareholders of record as of May 10, 2023.

With this increase, Sonocos annualized dividend payout moves to $2.04 per... More