Greif, Inc. Declares Quarterly Dividend

Rhea-AI Summary

On February 28, 2023, Greif, Inc. (NYSE: GEF, GEF.B) announced its Board of Directors declared quarterly cash dividends of $0.50 per share on Class A Common Stock and $0.75 on Class B Common Stock. The dividends are payable on April 1, 2023, to stockholders of record by the close of business on March 17, 2023. Greif operates globally in over 35 countries, providing a wide range of industrial packaging solutions and services.

Positive

• Quarterly dividends of $0.50 for Class A and $0.75 for Class B demonstrate financial stability.
• Dividends payable to shareholders indicate confidence in ongoing profitability.

Negative

• None.

DELAWARE, Ohio, Feb. 28, 2023 /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 $0.75 per share on its Class B Common Stock.

The dividends are payable on April 1, 2023, to stockholders of record at the close of business on March 17, 2023.

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, 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. 

Investor Contact: 

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

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SOURCE Greif, Inc.

FAQ

What is the dividend amount for Greif's Class A and Class B stocks?

Greif has declared a dividend of $0.50 per share for Class A Common Stock and $0.75 for Class B Common Stock.

When will the dividends be paid to shareholders?

The dividends are payable on April 1, 2023.

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

The record date for the dividends is March 17, 2023.

How often does Greif declare dividends?

Greif typically declares dividends on a quarterly basis.

What are the stock symbols for Greif, Inc.?

The stock symbols for Greif are GEF and GEF.B.