Sonoco Increases Quarterly Common Stock Dividend
Sonoco (NYSE: SON) has announced a quarterly dividend increase to $0.53 per share, raising the annual payout to $2.12 from $2.08. The dividend will be paid on June 10, 2025, to shareholders of record on May 9, 2025.
This marks Sonoco's 100th consecutive year of dividend payments, representing the 400th consecutive quarter since 1925. It's also the company's 42nd consecutive year of dividend increases. The current dividend yield is approximately 4.8%, more than double the S&P Mid-Cap 400 Index yield.
The company has generated $1.7 billion in operating cash flow over the past two years, which has been invested in growth and productivity improvements. While focusing on reducing leverage following the Eviosys acquisition, Sonoco maintains its commitment to shareholder returns through dividends.
Sonoco (NYSE: SON) ha annunciato un aumento del dividendo trimestrale a 0,53 $ per azione, portando la distribuzione annuale da 2,08 $ a 2,12 $. Il dividendo sarà pagato il 10 giugno 2025 agli azionisti registrati al 9 maggio 2025.
Questo rappresenta il 100° anno consecutivo di pagamenti di dividendi per Sonoco, corrispondente al 400° trimestre consecutivo dal 1925. È anche il 42° anno consecutivo di aumenti del dividendo per la società. Il rendimento attuale del dividendo è di circa 4,8%, più del doppio rispetto al rendimento dell'indice S&P Mid-Cap 400.
Negli ultimi due anni, l'azienda ha generato un flusso di cassa operativo di 1,7 miliardi di dollari, investito in crescita e miglioramenti della produttività. Pur concentrandosi sulla riduzione della leva finanziaria dopo l'acquisizione di Eviosys, Sonoco mantiene il suo impegno verso i ritorni agli azionisti tramite i dividendi.
Sonoco (NYSE: SON) ha anunciado un aumento en el dividendo trimestral a 0,53 $ por acción, elevando el pago anual de 2,08 $ a 2,12 $. El dividendo se pagará el 10 de junio de 2025 a los accionistas registrados al 9 de mayo de 2025.
Esto marca el 100º año consecutivo de pagos de dividendos de Sonoco, representando el 400º trimestre consecutivo desde 1925. También es el 42º año consecutivo de aumentos en el dividendo para la compañía. El rendimiento actual del dividendo es aproximadamente 4,8%, más del doble que el rendimiento del índice S&P Mid-Cap 400.
La empresa ha generado 1.700 millones de dólares en flujo de caja operativo en los últimos dos años, que se ha invertido en crecimiento y mejoras de productividad. Aunque se enfoca en reducir el apalancamiento tras la adquisición de Eviosys, Sonoco mantiene su compromiso con los retornos a los accionistas a través de los dividendos.
Sonoco (NYSE: SON)는 분기 배당금을 주당 0.53달러로 인상하여 연간 배당금을 2.08달러에서 2.12달러로 올렸다고 발표했습니다. 배당금은 2025년 6월 10일에 2025년 5월 9일 기준 주주들에게 지급됩니다.
이는 Sonoco가 100년 연속 배당금을 지급한 것으로, 1925년 이후 400분기 연속 배당금 지급을 의미합니다. 또한 회사가 42년 연속 배당금을 인상한 해이기도 합니다. 현재 배당 수익률은 약 4.8%로, S&P Mid-Cap 400 지수 수익률의 두 배 이상입니다.
회사는 지난 2년간 17억 달러의 영업 현금 흐름을 창출했으며, 이를 성장 및 생산성 향상에 투자해 왔습니다. Eviosys 인수 후 부채 축소에 집중하면서도 Sonoco는 배당을 통한 주주 환원 약속을 유지하고 있습니다.
Sonoco (NYSE : SON) a annoncé une augmentation de son dividende trimestriel à 0,53 $ par action, portant le versement annuel de 2,08 $ à 2,12 $. Le dividende sera versé le 10 juin 2025 aux actionnaires inscrits au 9 mai 2025.
Cela marque la 100e année consécutive de versement de dividendes pour Sonoco, soit le 400e trimestre consécutif depuis 1925. C'est également la 42e année consécutive d'augmentation du dividende pour la société. Le rendement actuel du dividende est d'environ 4,8 %, soit plus du double du rendement de l'indice S&P Mid-Cap 400.
Au cours des deux dernières années, l'entreprise a généré un flux de trésorerie opérationnel de 1,7 milliard de dollars, investi dans la croissance et l'amélioration de la productivité. Tout en se concentrant sur la réduction de l'endettement après l'acquisition d'Eviosys, Sonoco maintient son engagement envers les rendements pour les actionnaires via les dividendes.
Sonoco (NYSE: SON) hat eine Erhöhung der vierteljährlichen Dividende auf 0,53 $ pro Aktie angekündigt und damit die jährliche Ausschüttung von 2,08 $ auf 2,12 $ erhöht. Die Dividende wird am 10. Juni 2025 an die am 9. Mai 2025 eingetragenen Aktionäre ausgezahlt.
Dies markiert das 100. aufeinanderfolgende Jahr mit Dividendenzahlungen von Sonoco, was dem 400. aufeinanderfolgenden Quartal seit 1925 entspricht. Es ist auch das 42. Jahr in Folge mit Dividendenerhöhungen. Die aktuelle Dividendenrendite liegt bei etwa 4,8%, mehr als doppelt so hoch wie die Rendite des S&P Mid-Cap 400 Index.
Das Unternehmen hat in den letzten zwei Jahren 1,7 Milliarden US-Dollar operativen Cashflow erwirtschaftet, der in Wachstum und Produktivitätssteigerungen investiert wurde. Während der Fokus auf der Reduzierung der Verschuldung nach der Übernahme von Eviosys liegt, hält Sonoco an seinem Engagement für Aktionärsrenditen durch Dividenden fest.
- Increased quarterly dividend to $0.53 per share
- 100-year track record of consecutive dividend payments
- 42 consecutive years of dividend increases
- Strong 4.8% dividend yield
- Generated $1.7 billion in operating cash flow over past two years
- Focus on debt reduction following Eviosys acquisition may limit future capital returns
- Dividend increase of only $0.04 annually indicates conservative capital return policy
Celebrates 100 Consecutive Years of Dividend Distributions
HARTSVILLE, S.C., April 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend to
With the increase, Sonoco’s annual dividend payout moves to
According to Howard Coker, president and chief executive officer, this is the 400th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its dividend. Based on the closing price of Sonoco’s common stock on April 15, 2025, the Company’s dividend provides an approximate 4.8 percent yield, which is more than double the dividend yield of the S&P Mid-Cap 400 Index.
“Sonoco’s goal is to increase its long-term profitability and return capital to shareholders,” Coker said. “Over the past two years the Company has generated approximately
About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and fiber consumer and industrial packaging. The Company is now a multi-billion-dollar enterprise with approximately 23,400 employees working in 285 operations in 40 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of America’s Most Trustworthy and Responsible Companies by Newsweek in 2025. For more information on the Company, visit our website at www.sonoco.com.
Contact: | Roger Schrum | |
843-339-6018 | ||
roger.schrum@sonoco.com |
