By Connor Hart
Silgan Holdings boosted its dividend to 20 cents per share from 19 cents.
The plastic-container manufacturer said on Tuesday the increase had been approved by the company's board of directors. The new payout, equal to 80 cents a year, represents an annual yield of about 1.5% based on Tuesday's closing price of $55.12.
The new dividend will be paid on March 31 to shareholders of record as of March 17.
Silgan said it has increased its quarterly cash dividend for 21 consecutive years.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 25, 2025 18:01 ET (23:01 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.