Greif Inc (GEF) Tops Q3 EPS by 24c

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Greif Inc (GEF) Acquires 51% Stake in ColePak

August 30, 2023 4:17 PM EDT

Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has acquired 51% of the ownership interest in ColePak, LLC in an all-cash transaction funded through Greif's existing credit facility.

ColePak is the second largest supplier of paper partitions in North America and has a compelling future growth path in that unique product niche. As partners, ColePak adds a completely new product offering to the Greif paper converting portfolio, which provides integration to the... More

Greif Inc (GEF) Raises Quarterly Dividend 4% to $0.52; 2.9% Yield

August 29, 2023 10:08 AM EDT

(Updated - August 29, 2023 10:10 AM EDT)

Greif Inc (NYSE: GEF) declared a quarterly dividend of $0.52 per share, or $2.08 annualized. This is an 4% increase from the prior dividend of $0.50.

The dividend will be payable on October 2, 2023, to stockholders of record on September 15, 2023, with an... More