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SON Sonoco Products dividend history, payout ratio & dates

Sonoco Products's most recent quarterly dividend payment of $0.49 per share was made to shareholders on record before Aug 9, 2022. The payout stands at $1.88 per share annually, which works out to a dividend yield of 3.31%.

Key dates

  • SON last dividend date: Aug 9, 2022
  • SON next dividend date: Not announced
SON dividend stats
DPS
$1.88
Dividend yield
3.31%
Payout ratio
43.8%
vs. Consumer Cyclical sector
Dividend yield
2.82%
Payout ratio
29.5%

Dividend yield

What is Sonoco Products current dividend yield

Sonoco Products's dividend yield of 3.31% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 2.82%, Sonoco Products's dividend yield is 17% higher. Historically SON's dividend yield has averaged at 3.0% in the last 5 years, which is below the current yield.

Dividend history

What is SON dividend payout history and dates

Sonoco Products has been paying dividends for the last 28 years. According to our data SON has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 6% for the last year. And since the stock price has gone down by 6% from a year ago, the dividend yield marks an increase of 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Sonoco Products dividend payout ratio compared to the sector

Payout ratio

Sonoco Products's payout ratio of 43.8% is above the Consumer Cyclical sector and the industry average but below its peers average. Compared to its Consumer Cyclical sector average of 29.5%, Sonoco Products's payout ratio is 48% higher.

Total amount of dividends paid per financial year (from cash flow)

SON dividend vs peer dividends

How does SON dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MMM 3M Co 5.38% $5.95 82.5%
HAS Hasbro Inc 4.09% $2.76 71%
SON Sonoco Products Co 3.31% $1.88 43.8%
GEF Greif Inc 3.16% $1.88 29.3%
SEE Sealed Air Corp 1.8% $0.8 21.5%
SLGN Silgan Holdings Inc 1.47% $0.62 18.6%

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 is Sonoco Products's next dividend?

Currently SON's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.

When was SON's last dividend?

Sonoco Products's last dividend ex-date was on Aug 9, 2022. The dividend amount was $0.49 per share.

How much dividend does Sonoco Products pay (per share)?

SON has paid dividend of $1.88 per share in the last year.

What is Sonoco Products's dividend yield?

The current dividend yield of Sonoco Products is 3.31%.

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 43.8%.

Does Sonoco Products pay a good dividend?

Sonoco Products's dividend yield is above the Consumer Cyclical sector average.