Sonoco Products's most recent quarterly dividend payment of $0.51 per share was made to shareholders on record before Nov 9, 2023. The payout stands at $2.02 per share annually, which works out to a dividend yield of 3.66%.
Sonoco Products's dividend yield of 3.66% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 2.57%, Sonoco Products's dividend yield is 42% higher. Historically SON's dividend yield has averaged at 3.1% in the last 5 years, which is below the current yield.
Sonoco Products has been paying dividends for the last 29 years. According to our data SON has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 5% for the last year. And since the stock price has gone down by 10% from a year ago, the dividend yield marks an increase of 17%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 9, 2023 | Dec 8, 2023 | Oct 17, 2023 | $0.51 | normal |
Aug 9, 2023 | Sep 8, 2023 | Jul 19, 2023 | $0.51 | normal |
May 9, 2023 | Jun 9, 2023 | Apr 19, 2023 | $0.51 | normal |
Feb 21, 2023 | Mar 10, 2023 | Feb 9, 2023 | $0.49 | normal |
Nov 9, 2022 | Dec 9, 2022 | Oct 19, 2022 | $0.49 | normal |
Aug 9, 2022 | Sep 9, 2022 | Jul 20, 2022 | $0.49 | normal |
May 9, 2022 | Jun 10, 2022 | Apr 20, 2022 | $0.49 | normal |
Feb 22, 2022 | Mar 10, 2022 | Feb 9, 2022 | $0.45 | normal |
Nov 9, 2021 | Dec 10, 2021 | Oct 18, 2021 | $0.45 | normal |
Aug 9, 2021 | Sep 10, 2021 | Jul 21, 2021 | $0.45 | normal |
May 7, 2021 | Jun 10, 2021 | Apr 21, 2021 | $0.45 | normal |
Feb 23, 2021 | Mar 10, 2021 | Feb 10, 2021 | $0.45 | normal |
Nov 9, 2020 | Dec 10, 2020 | Oct 19, 2020 | $0.43 | normal |
Aug 7, 2020 | Sep 10, 2020 | Jul 15, 2020 | $0.43 | normal |
May 7, 2020 | Jun 10, 2020 | Apr 15, 2020 | $0.43 | normal |
Feb 25, 2020 | Mar 10, 2020 | Feb 12, 2020 | $0.43 | normal |
Nov 7, 2019 | Dec 10, 2019 | Oct 14, 2019 | $0.43 | normal |
Aug 8, 2019 | Sep 10, 2019 | Jul 17, 2019 | $0.43 | normal |
May 9, 2019 | Jun 10, 2019 | Apr 17, 2019 | $0.43 | normal |
Feb 26, 2019 | Mar 8, 2019 | Feb 13, 2019 | $0.41 | normal |
Nov 8, 2018 | Dec 10, 2018 | Oct 15, 2018 | $0.41 | normal |
Aug 9, 2018 | Sep 10, 2018 | Jul 18, 2018 | $0.41 | normal |
May 10, 2018 | Jun 8, 2018 | Apr 18, 2018 | $0.41 | normal |
Feb 27, 2018 | Mar 9, 2018 | Feb 14, 2018 | $0.39 | normal |
Nov 9, 2017 | Dec 8, 2017 | Oct 16, 2017 | $0.39 | normal |
Aug 9, 2017 | Sep 8, 2017 | Jul 19, 2017 | $0.39 | normal |
May 10, 2017 | Jun 9, 2017 | Apr 19, 2017 | $0.39 | normal |
Feb 17, 2017 | Mar 10, 2017 | Feb 8, 2017 | $0.37 | normal |
Nov 8, 2016 | Dec 9, 2016 | Oct 18, 2016 | $0.37 | normal |
Aug 10, 2016 | Sep 9, 2016 | Jul 20, 2016 | $0.37 | normal |
May 11, 2016 | Jun 10, 2016 | Apr 20, 2016 | $0.37 | normal |
Sonoco Products's payout ratio of 40.4% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 33.7%, Sonoco Products's payout ratio is 20% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MMM 3M Co | 6.01% | $6 | N/A |
HAS Hasbro Inc | 5.78% | $2.8 | N/A |
SON Sonoco Products Co | 3.61% | $2.02 | 40.4% |
GEF Greif Inc | 2.88% | $2.02 | 30% |
SEE Sealed Air Corp | 2.35% | $0.8 | 37% |
SLGN Silgan Holdings Inc | 1.68% | $0.72 | 27.5% |
Yes, Sonoco Products has paid four dividends in the last 12 months. SON has been paying dividends since 1994.
Currently SON's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Sonoco Products's last dividend ex-date was on Nov 9, 2023. The dividend amount was $0.51 per share.
SON has paid dividend of $2.02 per share in the last year.
The current dividend yield of Sonoco Products is 3.66%.
Sonoco Products pays dividends quarterly.
Sonoco Products's dividend payout ratio is 40.4%.
Sonoco Products's dividend yield is above the Consumer Cyclical sector average.