Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings declared a quarterly cash dividend of $0.14 per share, payable on December 15, 2021, to stockholders of record as of December 1, 2021. This marks the 71st consecutive quarterly dividend increase since 2004. Silgan, a leader in sustainable rigid packaging, reported annual net sales of approximately $4.9 billion in 2020 and operates 113 manufacturing facilities globally.

Positive

• Quarterly cash dividend of $0.14 per share announced.
• 71 consecutive quarters of increased dividends since 2004.
• Annual net sales of approximately $4.9 billion in 2020.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.14 per share quarterly cash dividend payable on December 15, 2021 to the holders of record of common stock of the Company on December 1, 2021. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-one consecutive quarters since 2004.

Silgan is a leading supplier of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $4.9 billion in 2020. Silgan operates 113 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for food, beverage, health care, garden, home, personal care and beauty products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211103006103/en/

Robert B. Lewis

(203) 406-3160

Source: Silgan Holdings Inc.

FAQ

What is the dividend payment amount for Silgan Holdings (SLGN)?

Silgan Holdings (SLGN) declared a quarterly cash dividend of $0.14 per share.

When will the dividend be paid to shareholders of SLGN?

The dividend will be paid on December 15, 2021.

What is the record date for Silgan Holdings dividend?

The record date for the dividend is December 1, 2021.

How long has Silgan Holdings been paying dividends?

Silgan Holdings has increased its quarterly cash dividend for 71 consecutive quarters since 2004.

What were Silgan Holdings' sales figures for 2020?

Silgan Holdings reported annual net sales of approximately $4.9 billion in 2020.