Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings (Nasdaq:SLGN) has declared a quarterly cash dividend of $0.14 per share, payable on June 15, 2021, to shareholders on record as of June 1, 2021. This marks the 69th consecutive quarter the Company has increased its dividend since 2004. With approximately $4.9 billion in annual net sales for 2020, Silgan operates 109 manufacturing facilities across multiple continents, making it a top supplier in rigid packaging solutions for consumer goods.

Positive

• Quarterly cash dividend of $0.14 per share reflects strong financial health.
• 69 consecutive quarters of increased dividends demonstrate company confidence and commitment to shareholders.
• Annual net sales of approximately $4.9 billion signify robust operational performance.

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 June 15, 2021 to the holders of record of common stock of the Company on June 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 sixty-nine 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 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210504006284/en/

FAQ

When is the next dividend payment for Silgan Holdings (SLGN)?

The next dividend payment is scheduled for June 15, 2021.

What is the amount of the quarterly dividend for SLGN?

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

How often does Silgan Holdings pay dividends?

Silgan Holdings pays dividends on a quarterly basis.

What is the dividend record for Silgan Holdings?

Silgan has increased its dividend every year for 69 consecutive quarters since 2004.