Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings Inc. (NYSE:SLGN) has declared a quarterly cash dividend of $0.16 per share, payable on December 15, 2022, to stockholders of record as of December 1, 2022. This announcement marks the 75th consecutive quarter of increased dividends since 2004. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities worldwide, specializing in sustainable rigid packaging solutions for consumer goods.

Positive

• Quarterly cash dividend of $0.16 per share declared, enhancing shareholder income.
• 75 consecutive quarters of increased dividends demonstrate consistent financial performance.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (NYSE: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 December 15, 2022 to the holders of record of common stock of the Company on December 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-five 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 112 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/20221101006064/en/

Robert B. Lewis

(203) 406-3160

Source: Silgan Holdings Inc.

FAQ

What is the dividend amount declared by Silgan Holdings in 2022?

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

When is the dividend payment date for Silgan's 2022 dividend?

The dividend is payable on December 15, 2022.

What has been the trend of Silgan Holdings' dividends over the years?

Silgan Holdings has increased its dividend every year for 75 consecutive quarters since 2004.

What were the annual net sales for Silgan Holdings in 2021?

Silgan Holdings reported annual net sales of approximately $5.7 billion in 2021.