Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings Inc. (NASDAQ:SLGN) has declared a quarterly cash dividend of $0.16 per share, payable on June 15, 2022 to stockholders of record as of June 1, 2022. This marks the company's commitment to returning value to shareholders, having increased its dividend for seventy-three consecutive quarters since 2004. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across North and South America, Europe, and Asia, solidifying its position as a leader in sustainable rigid packaging solutions.

Positive

• Dividend increased for seventy-three consecutive quarters since 2004
• Strong annual net sales of approximately $5.7 billion in 2021
• Extensive operational footprint with 113 manufacturing facilities globally

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 $0.16 per share quarterly cash dividend payable on June 15, 2022 to the holders of record of common stock of the Company on June 1, 2022. 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-three consecutive quarters since 2004.

Silgan is a leading supplier of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $5.7 billion in 2021. 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, fragrance 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/20220503006068/en/

Robert B. Lewis

(203) 406-3160

Source: Silgan Holdings Inc.

FAQ

What is the dividend amount declared by Silgan Holdings Inc. for June 2022?

Silgan Holdings Inc. declared a quarterly cash dividend of $0.16 per share.

When is the dividend payment date for Silgan Holdings Inc.?

The dividend payment date is June 15, 2022.

What is the record date for the dividend payment by Silgan Holdings Inc.?

The record date for the dividend payment is June 1, 2022.

How long has Silgan Holdings Inc. been increasing its dividend?

Silgan Holdings Inc. has increased its dividend for seventy-three consecutive quarters since 2004.