Greif's last quarterly dividend of $0.52 per share was on Mar 15, 2024 (ex-date). The annualized dividend payment of $2.06 per share represents a current dividend yield of 3.32%.
GEF has a dividend yield of 3.32% which is higher than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 2.33%, Greif's dividend yield is 42% higher. Historically GEF's dividend yield has averaged at 3.6% in the last 5 years, which is higher than the current one.
Greif has a history of paying dividends since 1996. Our records of GEF show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 5% for the last twelve months. And with the stock price down by 2.8% from a year ago, the dividend yield marks an increase of 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 15, 2024 | Apr 1, 2024 | Feb 26, 2024 | $0.52 | normal |
| Dec 15, 2023 | Jan 1, 2024 | Dec 5, 2023 | $0.52 | normal |
| Sep 14, 2023 | Oct 1, 2023 | Aug 29, 2023 | $0.52 | normal |
| Jun 15, 2023 | Jul 1, 2023 | Jun 5, 2023 | $0.5 | normal |
| Mar 16, 2023 | Apr 1, 2023 | Feb 28, 2023 | $0.5 | normal |
| Dec 15, 2022 | Jan 1, 2023 | Dec 6, 2022 | $0.5 | normal |
| Sep 15, 2022 | Oct 1, 2022 | Aug 30, 2022 | $0.5 | normal |
| Jun 16, 2022 | Jul 1, 2022 | Jun 7, 2022 | $0.46 | normal |
| Mar 16, 2022 | Apr 1, 2022 | Mar 1, 2022 | $0.46 | normal |
| Dec 16, 2021 | Jan 1, 2022 | Dec 7, 2021 | $0.46 | normal |
| Sep 16, 2021 | Oct 1, 2021 | Aug 31, 2021 | $0.46 | normal |
| Jun 18, 2021 | Jul 1, 2021 | Jun 8, 2021 | $0.44 | normal |
| Mar 18, 2021 | Apr 1, 2021 | Feb 23, 2021 | $0.44 | normal |
| Dec 17, 2020 | Jan 1, 2021 | Dec 8, 2020 | $0.44 | normal |
| Sep 16, 2020 | Oct 1, 2020 | Aug 25, 2020 | $0.44 | normal |
| Jun 17, 2020 | Jul 1, 2020 | Jun 2, 2020 | $0.44 | normal |
| Mar 17, 2020 | Apr 1, 2020 | Feb 25, 2020 | $0.44 | normal |
| Dec 17, 2019 | Jan 1, 2020 | Dec 3, 2019 | $0.44 | normal |
| Sep 16, 2019 | Oct 1, 2019 | Aug 27, 2019 | $0.44 | normal |
| Jun 17, 2019 | Jul 1, 2019 | Jun 4, 2019 | $0.44 | normal |
| Mar 15, 2019 | Apr 1, 2019 | Feb 26, 2019 | $0.44 | normal |
| Dec 17, 2018 | Jan 1, 2019 | Dec 4, 2018 | $0.44 | normal |
| Sep 14, 2018 | Oct 1, 2018 | Aug 28, 2018 | $0.44 | normal |
| Jun 15, 2018 | Jul 1, 2018 | Jun 5, 2018 | $0.42 | normal |
| Mar 16, 2018 | Apr 1, 2018 | Feb 27, 2018 | $0.42 | normal |
| Dec 15, 2017 | Jan 1, 2018 | Dec 5, 2017 | $0.42 | normal |
| Sep 15, 2017 | Oct 1, 2017 | Aug 29, 2017 | $0.42 | normal |
| Jun 15, 2017 | Jul 1, 2017 | Jun 6, 2017 | $0.42 | normal |
| Mar 15, 2017 | Apr 1, 2017 | Feb 28, 2017 | $0.42 | normal |
| Dec 15, 2016 | Jan 1, 2017 | Dec 6, 2016 | $0.42 | normal |
| Sep 15, 2016 | Oct 1, 2016 | Aug 30, 2016 | $0.42 | normal |
| Jun 16, 2016 | Jul 1, 2016 | Jun 7, 2016 | $0.42 | normal |
| Mar 16, 2016 | Apr 1, 2016 | Mar 1, 2016 | $0.42 | normal |
GEF has a payout ratio of 35.3% which is higher than the Consumer Cyclical sector and its peers average but lower than the industry average. But if we consider the Consumer Cyclical sector average of 34.5%, Greif's payout ratio is only 2.3% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SON Sonoco Products Co | 3.63% | $2.04 | 42.2% |
| GEF Greif Inc | 3.32% | $2.06 | 35.3% |
| SLGN Silgan Holdings Inc | 1.55% | $0.73 | 24.3% |
Yes, Greif has paid four dividends in the last twelve months. GEF has been paying dividends since 1996.
GEF hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in June 2024.
Greif's last regular dividend was on Mar 15, 2024 (ex-date) with the amount of $0.52 per share.
On an annual basis GEF pays $2.06 per share.
Greif's current dividend yield is 3.32%.
Greif pays dividends quarterly.
Greif's dividend payout ratio is 35.3%.
Greif's dividend yield is higher than the Consumer Cyclical sector average.