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Silgan (SLGN) Dividend Yield, Date & History

Silgan logo
$52.18 +0.26 (+0.50%)
(As of 12/20/2024 05:45 PM ET)

Silgan Dividend Summary

Dividend Yield
1.46%
Annual Dividend
$0.76
Recent
Dividend Payment
Dec. 16
Dividend Increase
Track Record
21 Years
Annualized 3-Year
Dividend Growth
14.47%
Dividend Payout Ratio
27.54%

Silgan (SLGN) pays an annual dividend of $0.76 per share, with a dividend yield of 1.46%. The next quarterly payment of $0.19 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Monday, December 2. SLGN has grown its dividend for 21 consecutive years, with an average annual increase of 4.61%. The company currently pays out 27.54% of its earnings and 13.72% of its cash flow as dividends.

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SLGN Dividend Payments by Quarter

The chart below displays up to four years of Silgan's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SLGN Dividend Yield Over Time

The chart below tracks Silgan's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Silgan vs. The Competition

Compare Silgan's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeSilganIndustrial CompaniesNYSE Companies
Annual Dividend$0.76$0.01$1.39
Dividend Yield1.46%2.08%3.58%
Annualized 3-Year Dividend Growth14.47%11.38%15.78%
Track Record21 years33 years24 years

Silgan Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings27.54%
Based on This Year's Estimate21.11%
Based on Next Year's Estimate18.54%
Based on Cashflow13.72%

Silgan Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/5/2024Quarterly$0.19 - 1.41%12/2/202412/2/202412/16/2024
8/6/2024Quarterly$0.19 - 1.56%9/3/20249/3/20249/17/2024
5/7/2024Quarterly$0.19 - 1.63%6/3/20246/3/20246/17/2024
2/27/2024Quarterly$0.19+$0.01
5.56%
1.73%3/13/20243/14/20243/28/2024
10/31/2023Quarterly$0.18 - 1.77%11/30/202312/1/202312/15/2023
8/1/2023Quarterly$0.18 - 1.64%8/31/20239/1/20239/15/2023
5/1/2023Quarterly$0.18 - 1.48%5/31/20236/1/20236/15/2023
2/21/2023Quarterly$0.18+$0.02
12.50%
1.35%3/16/20233/17/20233/31/2023

This table shows Silgan's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Silgan Dividend - Frequently Asked Questions

The current dividend yield for Silgan is 1.46%. Learn more on SLGN's dividend yield history.

The annual dividend for SLGN shares is $0.76. Learn more on SLGN's annual dividend history.

Silgan pays quarterly dividends to shareholders.

Silgan's most recent quarterly dividend payment of $0.19 per share was made to shareholders on Monday, December 16, 2024.

Silgan's most recent ex-dividend date was Monday, December 2, 2024.

Over the past three years, the company's dividend has grown by an average of 14.47% per year.

Silgan has increased its dividend for the past 21 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, February 27, 2024.

The dividend payout ratio for SLGN is:
  • 27.54% based on the trailing year of earnings
  • 21.11% based on this year's estimates
  • 18.54% based on next year's estimates
  • 13.72% based on cash flow

Silgan's dividend yield of 1.42% is lower than the average Industrial Products company that issues a dividend. The company's 21 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Silgan's dividend payout ratio of 27.54% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Silgan stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:SLGN) was last updated on 12/21/2024 by MarketBeat.com Staff
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