SON Sonoco Products dividend history, payout ratio & dates
Sonoco Products's most recent dividend payment of $0.52 per share was made to shareholders on record before Nov 8, 2024. The payout stands at $2.07 per share annually, which works out to a dividend yield of 4.13%.
Key dates
- SON last dividend date: Nov 8, 2024
SON dividend stats
vs. Consumer Cyclical sector
Dividend yield
Sonoco Products's dividend yield of 4.13% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 2.53%, Sonoco Products's dividend yield is 63% higher. Historically SON's dividend yield has averaged at 3.3% in the last 5 years, which is below the current yield.
Dividend history
Sonoco Products has been paying dividends for the last 30 years. According to our data SON has issued four dividends in the last twelve months. The annualized DPS marks an increase of 2.5% for the last year. And since the stock price has gone down by 9% from a year ago, the dividend yield marks an increase of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.52 | 4.09% |
| Aug 9, 2024 | $0.52 | 4.2% |
| May 9, 2024 | $0.52 | 3.48% |
| Feb 27, 2024 | $0.51 | 3.62% |
| Nov 9, 2023 | $0.51 | 3.76% |
| Aug 9, 2023 | $0.51 | 3.53% |
| May 9, 2023 | $0.51 | 3.37% |
| Feb 21, 2023 | $0.49 | 3.4% |
| Nov 9, 2022 | $0.49 | 3.38% |
| Aug 9, 2022 | $0.49 | 3.02% |
| May 9, 2022 | $0.49 | 3.09% |
| Feb 22, 2022 | $0.45 | 3.08% |
| Nov 9, 2021 | $0.45 | 2.96% |
| Aug 9, 2021 | $0.45 | 2.82% |
| May 7, 2021 | $0.45 | 2.57% |
| Feb 23, 2021 | $0.45 | 2.87% |
| Nov 9, 2020 | $0.43 | 3.14% |
| Aug 7, 2020 | $0.43 | 3.24% |
| May 7, 2020 | $0.43 | 3.65% |
| Feb 25, 2020 | $0.43 | 3.31% |
| Nov 7, 2019 | $0.43 | 2.95% |
| Aug 8, 2019 | $0.43 | 2.84% |
| May 9, 2019 | $0.43 | 2.65% |
| Feb 26, 2019 | $0.41 | 2.8% |
| Nov 8, 2018 | $0.41 | 2.86% |
| Aug 9, 2018 | $0.41 | 2.88% |
| May 10, 2018 | $0.41 | 3.03% |
| Feb 27, 2018 | $0.39 | 3.21% |
| Nov 9, 2017 | $0.39 | 3.02% |
| Aug 9, 2017 | $0.39 | 3.13% |
| May 10, 2017 | $0.39 | 2.91% |
| Feb 17, 2017 | $0.37 | 2.8% |
| Nov 8, 2016 | $0.37 | 2.87% |
| Aug 10, 2016 | $0.37 | 2.79% |
| May 11, 2016 | $0.37 | 3.78% |
| Feb 22, 2016 | $0.35 | 4.13% |
| Nov 10, 2015 | $0.35 | 4.12% |
| Aug 12, 2015 | $0.35 | 4.09% |
| Jul 10, 2015 | $0.35 | 3.84% |
| May 13, 2015 | $0.35 | 2.89% |
| Feb 23, 2015 | $0.32 | 2.72% |
Sonoco Products dividend payout ratio
Payout ratio
Sonoco Products's payout ratio of 70.9% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 43.3%, Sonoco Products's payout ratio is 64% higher.
Total amount of dividends paid per financial year (from cash flow)
SON dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HAS Hasbro Inc | 4.5% | $2.8 | N/A |
| SON Sonoco Products Co | 4.07% | $2.07 | 70.9% |
| GEF Greif Inc | 3.02% | $2.1 | 45.3% |
| MMM 3M Co | 2.84% | $3.61 | 45.5% |
| SEE Sealed Air Corp | 2.23% | $0.8 | 29.3% |
| SLGN Silgan Holdings Inc | 1.34% | $0.75 | 27% |
| CCK Crown Holdings Inc | 1.08% | $1 | 123.5% |
Frequently asked questions
Does Sonoco Products pay a dividend?
Yes, Sonoco Products has paid four dividends in the last 12 months. SON has been paying dividends since 1994.
When was SON's last dividend?
Sonoco Products's last dividend ex-date was on Nov 8, 2024. The dividend amount was $0.52 per share.
How much dividend does Sonoco Products pay (per share)?
SON has paid dividend of $2.07 per share in the last year.
What is Sonoco Products's dividend yield?
The current dividend yield of Sonoco Products is 4.13%.
How often does Sonoco Products pay dividends?
Sonoco Products pays dividends quarterly.
What is Sonoco Products's dividend payout ratio?
Sonoco Products's dividend payout ratio is 70.9%.
Does Sonoco Products pay a good dividend?
Sonoco Products's dividend yield is above the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.