Greif, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Greif, Inc. (NYSE: GEF, GEF.B) announced a quarterly cash dividend of $0.50 per share on its Class A Common Stock and $0.74 per share on Class B Common Stock. These dividends are set to be paid on January 1, 2023, to stockholders on record as of December 16, 2022. This announcement underscores Greif's commitment to returning value to shareholders while maintaining its position as a leader in industrial packaging products and services.

Positive

• Quarterly cash dividends of $0.50 for Class A and $0.74 for Class B shares indicate strong shareholder returns.
• Dividends demonstrate company confidence and commitment to rewarding investors.

Negative

• None.

DELAWARE, Ohio, Dec. 6, 2022 /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 $0.50 per share on its Class A Common Stock, and $0.74 per share on its Class B Common Stock.

The dividends are payable on January 1, 2023, to stockholders of record at the close of business on December 16, 2022.

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, 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 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com. 

Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com

 

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SOURCE Greif, Inc.

FAQ

What is the dividend payment amount for Greif, Inc. (GEF, GEF.B)?

Greif, Inc. has declared a dividend of $0.50 per share for Class A and $0.74 for Class B shares.

When is the dividend payable for Greif, Inc. (GEF, GEF.B)?

The dividends are payable on January 1, 2023.

What is the record date for Greif's dividend payment?

The record date for the dividend payment is December 16, 2022.

How frequently does Greif, Inc. pay dividends?

Greif, Inc. pays dividends quarterly.

Is the dividend payment from Greif, Inc. sustainable?

The sustainability of the dividend payment will depend on the company's ongoing financial performance and cash flow.