Greif, Inc. Declares Fourth Quarter 2021 Dividends

Rhea-AI Summary

Greif, Inc. (NYSE: GEF, GEF.B) has declared quarterly cash dividends of $0.46 for Class A Common Stock and $0.68 for Class B Common Stock. The dividends are set to be paid on January 1, 2022, to shareholders on record by the close of business on December 17, 2021. Greif is noted for its leadership in industrial packaging products, operating across 40 countries with a portfolio that includes steel, plastic, and fibre drums among various specialty products. This announcement reflects the company's commitment to returning value to its investors.

Positive

• Declared quarterly cash dividends of $0.46 for Class A and $0.68 for Class B shares, indicating strong cash flow management.
• Dividends payable on January 1, 2022, reflects timely returns to shareholders.

Negative

• None.

DELAWARE, Ohio, Dec. 7, 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 $0.46 per share on its Class A Common Stock, and $0.68 per share on its Class B Common Stock.

The dividends are payable on January 1, 2022, to stockholders of record at the close of business on December 17, 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 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 are the dividend amounts for Greif, Inc. for the fourth quarter of 2021?

Greif, Inc. has declared dividends of $0.46 per share for Class A Common Stock and $0.68 per share for Class B Common Stock.

When will the dividends be paid to shareholders?

The dividends are payable on January 1, 2022.

What is the record date for Greif, Inc.'s fourth quarter dividends?

The record date for the dividends is December 17, 2021.

How often does Greif, Inc. declare dividends?

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

Is Greif, Inc.'s dividend sustainable?

While the sustainability of dividends can depend on various factors, the consistent payment of dividends indicates a strong cash flow position.