Greif, Inc. Declares Increased Quarterly Dividend
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging, has declared increased quarterly cash dividends of $0.54 per share on Class A Common Stock and $0.81 per share on Class B Common Stock. The dividends are payable on October 1, 2024, to stockholders of record as of September 16, 2024.
CFO Larry Hilsheimer emphasized that this increase aligns with Greif's disciplined capital allocation framework, promoting strong cash conversion and steadily increasing shareholder returns. The company's Build to Last Strategy has demonstrated the ability to raise dividend yields while investing in long-term growth.
Greif, Inc. (NYSE: GEF, GEF.B), un leader globale nel settore del packaging industriale, ha dichiarato un aumento dei dividendi in contante trimestrali di $0.54 per azione su azioni ordinarie di Classe A e $0.81 per azione su azioni ordinarie di Classe B. I dividendi saranno pagabili il 1 ottobre 2024, agli azionisti registrati al 16 settembre 2024.
Il CFO Larry Hilsheimer ha sottolineato che questo aumento è in linea con il rigoroso sistema di allocazione del capitale di Greif, promuovendo una forte conversione di liquidità e un continuo aumento dei rendimenti per gli azionisti. La Strategia Build to Last dell'azienda ha dimostrato la capacità di aumentare i rendimenti dei dividendi mentre si investe nella crescita a lungo termine.
Greif, Inc. (NYSE: GEF, GEF.B), un líder global en empaques industriales, ha declarado un aumento de los dividendos en efectivo trimestrales de $0.54 por acción en acciones ordinarias de Clase A y $0.81 por acción en acciones ordinarias de Clase B. Los dividendos son pagaderos el 1 de octubre de 2024, a los accionistas registrados al 16 de septiembre de 2024.
El CFO Larry Hilsheimer enfatizó que este aumento está alineado con el riguroso marco de asignación de capital de Greif, promoviendo una fuerte conversión de efectivo y un aumento constante de los rendimientos para los accionistas. La Estrategia Build to Last de la empresa ha demostrado la capacidad de incrementar los rendimientos de dividendos mientras se invierte en crecimiento a largo plazo.
Greif, Inc. (NYSE: GEF, GEF.B), 산업 포장 분야의 글로벌 리더는 주 분기 현금 배당금을 인상한다고 발표했습니다. 클래스 A 보통주당 $0.54, 클래스 B 보통주당 $0.81입니다. 배당금은 2024년 10월 1일에 지급됩니다, 2024년 9월 16일 기준 주주에게 지급됩니다.
재무 책임자인 Larry Hilsheimer는 이 인상이 Greif의 엄격한 자본 배분 프레임워크와 일치하여 강력한 현금 전환과 지속적인 주주 수익 증가를 촉진한다고 강조했습니다. 회사의 Build to Last 전략은 장기 성장에 투자하면서 배당 수익률을 높일 수 있는 능력을 보여주었습니다.
Greif, Inc. (NYSE: GEF, GEF.B), un leader mondial en emballage industriel, a déclaré une augmentation des dividendes en espèces trimestriels de 0,54 $ par action sur les actions ordinaires de Classe A et de 0,81 $ par action sur les actions ordinaires de Classe B. Les dividendes seront payables le 1er octobre 2024, aux actionnaires enregistrés au 16 septembre 2024.
Le CFO Larry Hilsheimer a souligné que cette augmentation s'inscrit dans le cadre rigoureux d'allocation de capital de Greif, favorisant une forte conversion de liquidités et une augmentation continue des rendements pour les actionnaires. La stratégie Build to Last de l'entreprise a démontré sa capacité à augmenter les rendements des dividendes tout en investissant dans la croissance à long terme.
Greif, Inc. (NYSE: GEF, GEF.B), ein globaler Marktführer in der industriellen Verpackung, hat eine Erhöhung der vierteljährlichen BAR-Dividenden erklärt von $0.54 pro Aktie für die Stammaktien der Klasse A und $0.81 pro Aktie für die Stammaktien der Klasse B. Die Dividenden sind am 1. Oktober 2024 zahlbar, an die Aktionäre, die am 16. September 2024 registriert sind.
CFO Larry Hilsheimer betonte, dass diese Erhöhung im Einklang mit Greifs diszipliniertem Kapitalallokationsrahmen steht, der eine starke Liquiditätsumwandlung und stetig steigende Aktionärsrenditen fördert. Die Build to Last Strategie des Unternehmens hat die Fähigkeit gezeigt, die Dividendenrenditen zu erhöhen, während gleichzeitig in langfristiges Wachstum investiert wird.
- Increased quarterly cash dividends for both Class A and Class B Common Stock
- Strong cash conversion allowing for increased shareholder returns
- Successful execution of Build to Last Strategy enabling dividend growth and business investment
- None.
DELAWARE, Ohio, Aug. 27, 2024 (GLOBE NEWSWIRE) -- 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
"In-line with our disciplined capital allocation framework, which promotes strong cash conversion that ensures robust and steadily increasing shareholder return, our Board has once again raised our quarterly dividend," said Larry Hilsheimer, Greif's Executive Vice President and Chief Financial Officer. "Our dividend is a critical part of our value creation. Our execution of the Build to Last Strategy has proven the ability to continue increasing dividend yield while also investing in our business for long-term growth.”
Dividends are payable on October 1, 2024, to stockholders of record at the close of business on September 16, 2024.
About Greif, Inc.
Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, corrugated sheets and products, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides other packaging services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company has a workforce of over 14,000 colleagues spread across more than 250 facilities in 37 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
Bill D’Onofrio
614-499-7233
bill.donofrio@greif.com
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