Sonoco Products Raises Quarterly Dividend by 1.9%

Dow Jones
04/15
 

By Colin Kellaher

 

Sonoco Products' board has nudged up its quarterly dividend by 1.9%, to 54 cents from 53 cents, raising the packaging company's dividend for a 43rd straight year.

The new quarterly rate, equal to $2.16 a year, represents an annual yield of about 3.98% based on Wednesday's recent trading price of $54.24, up from around 3.91%.

The Hartsville, S.C., company said the increased dividend is payable June 10 to shareholders as of May 8.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

April 15, 2026 11:07 ET (15:07 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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