Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings Inc. (Nasdaq:SLGN) announced a quarterly cash dividend of $0.14 per share, payable on September 15, 2021, to stockholders of record as of September 1, 2021. This marks the 70th consecutive quarter of dividend payments, reflecting a strong commitment to returning value to shareholders. The company reported annual net sales of approximately $4.9 billion in 2020 and operates 109 manufacturing facilities globally, cementing its position as a leading supplier of sustainable rigid packaging solutions.

Positive

• Quarterly cash dividend of $0.14 per share demonstrates financial strength.
• 70 consecutive quarters of increased dividend payments highlights commitment to shareholders.
• Company's annual net sales of $4.9 billion indicates solid market position.
• Extensive operational footprint with 109 manufacturing facilities supports growth potential.

Negative

• None.

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 September 15, 2021 to the holders of record of common stock of the Company on September 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 consecutive quarters since 2004.

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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 109 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210802005760/en/

FAQ

What is the dividend amount declared by Silgan Holdings in 2021?

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

When will the dividend be paid to shareholders?

The dividend will be payable on September 15, 2021.

What is the record date for Silgan Holdings' dividend?

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

How long has Silgan Holdings been paying dividends?

Silgan Holdings has paid dividends for 70 consecutive quarters since 2004.

What were Silgan Holdings' annual net sales in 2020?

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