StockNews.AI
SON
StockNews.AI
9 hrs

CORRECTION – Sonoco Declares Regular Quarterly Common Stock Dividend

1. Sonoco declared a $0.53 quarterly dividend, correcting record date to November 10. 2. This marks 402 consecutive quarters of dividend payments, celebrating 100 years. 3. The dividend yield stands at approximately 5.35%, surpassing the S&P 500 yield. 4. Sonoco continues to demonstrate commitment to sustainability and innovation. 5. Recognized as one of America's Most Admired and Responsible Companies in 2025.

3m saved
Insight
Article

FAQ

Why Bullish?

The consistent dividend payments reflect financial stability and shareholder returns, potentially boosting investor confidence. Historically, strong dividends correlate with upward price movements, as seen in similar cases like 3M.

How important is it?

The article highlights a significant dividend change, a key factor for investors prioritizing income. Such updates directly influence SON's stock appeal and market perception.

Why Short Term?

Immediate effect expected as investors react positively to dividend announcements. Recent similar announcements generally lead to short-term price rallies for reliable dividend-paying stocks.

Related Companies

MMMPFEKO
HARTSVILLE, S.C., Oct. 14, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Sonoco (NYSE: SON), please note that in the first paragraph of the release, the record date should be November 10, 2025, not December 10, 2025, as previously stated. The corrected release follows: The Board of Directors of Sonoco (NYSE: SON) has declared a $0.53 per share quarterly common stock dividend. This dividend will be paid on December 10, 2025, to shareholders of record as of November 10, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 402nd consecutive quarter and 100th year dating back to 1925, that Sonoco has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its annualized dividend. Based on the closing price of Sonoco’s common stock on October 13, 2025, the Company’s dividend provides approximately a 5.35% yield, which is more than double the dividend yield of the S&P 500 Index. About SonocoFounded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and fiber consumer and industrial packaging. The Company is now a multi-billion-dollar enterprise with approximately 23,400 employees working in 285 operations in 40 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life.,® we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. In 2025, Sonoco was named one of America’s Most Admired and Responsible Companies by Newsweek and by USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at www.sonoco.com

Related News