Greif, Inc. Declares First Quarter 2021 Dividends

Rhea-AI Summary

Greif, Inc. (NYSE: GEF, GEF.B) announced on February 23, 2021, that its Board of Directors declared cash dividends of $0.44 per share on Class A Common Stock and $0.66 per share on Class B Common Stock. The dividends will be paid on April 1, 2021, to stockholders on record as of March 19, 2021. Greif, a leader in industrial packaging, aims to excel in customer service and produces a diverse range of packaging solutions globally.

Positive

• Declared quarterly cash dividends of $0.44 for Class A and $0.66 for Class B shares.
• Dividends reflect company confidence in financial stability and commitment to returning value to shareholders.

Negative

• None.

DELAWARE, Ohio, Feb. 23, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.44 per share on its Class A Common Stock, and $0.66 per share on its Class B Common Stock.

The dividends are payable on April 1, 2021, to stockholders of record at the close of business on March 19, 2021.

About Greif, Inc.

Greif is a global leader in industrial packaging products and services and is pursuing its vision: In industrial packaging, be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 40 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com. 

Contact:
Matt Eichmann
740-549-6067
matt.eichmann@greif.com

 

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SOURCE Greif, Inc.

FAQ

What is the dividend amount for GEF stock announced on February 23, 2021?

The dividend amount for GEF Class A Common Stock is $0.44 per share, while for Class B Common Stock it is $0.66 per share.

When is the dividend payment date for Greif's announced dividends?

The dividends will be paid on April 1, 2021.

What is the record date for Greif's dividends declared on February 23, 2021?

The record date for the dividends is March 19, 2021.

How often does Greif, Inc. pay dividends?

Greif, Inc. typically declares dividends on a quarterly basis.

Is Greif's dividend payout sustainable?

The sustainability of Greif's dividend payout can be assessed by its financial performance and cash flow in future quarters.