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Sonoco Products (SON) Dividend Yield, Date & History

Sonoco Products logo
$49.42 -0.73 (-1.46%)
(As of 12/20/2024 05:16 PM ET)

Sonoco Products Dividend Summary

Dividend Yield
4.21%
Annual Dividend
$2.08
Recent
Dividend Payment
Dec. 10
Annualized 3-Year
Dividend Growth
-4.25%
Dividend Payout Ratio
71.48%

Sonoco Products (SON) pays an annual dividend of $2.08 per share, with a dividend yield of 4.21%. The next quarterly payment of $0.52 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Friday, November 8. The company currently pays out 71.48% of its earnings and 24.87% of its cash flow as dividends.

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SON Dividend Payments by Quarter

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

SON Dividend Yield Over Time

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

Sonoco Products vs. The Competition

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

TypeSonoco ProductsIndustrial CompaniesNYSE Companies
Annual Dividend$2.08$0.01$1.39
Dividend Yield4.21%2.08%3.59%
Annualized 3-Year Dividend Growth-4.25%11.38%15.78%

Sonoco Products 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 Earnings71.48%
Based on This Year's Estimate40.86%
Based on Next Year's Estimate39.10%
Based on Cashflow24.87%

Sonoco Products Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/15/2024quarterly$0.52 - 3.8%11/8/202411/8/202412/10/2024
7/17/2024quarterly$0.52 - 4%8/9/20248/9/20249/10/2024
4/17/2024quarterly$0.52+$0.01
1.96%
3.72%5/9/20245/10/20246/10/2024
2/14/2024quarterly$0.51 - 3.64%2/27/20242/28/20243/8/2024
10/17/2023quarterly$0.51 - 3.79%11/9/202311/10/202312/8/2023
7/19/2023quarterly$0.51 - 3.49%8/9/20238/10/20239/8/2023
4/19/2023quarterly$0.51+$0.02
4.08%
3.32%5/9/20235/10/20236/9/2023
2/9/2023quarterly$0.49 - 3.26%2/21/20232/22/20233/10/2023

This table shows Sonoco Products' 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.

Sonoco Products Dividend - Frequently Asked Questions

The current dividend yield for Sonoco Products is 4.21%. Learn more on SON's dividend yield history.

The annual dividend for SON shares is $2.08. Learn more on SON's annual dividend history.

Sonoco Products pays quarterly dividends to shareholders.

Sonoco Products's most recent quarterly dividend payment of $0.52 per share was made to shareholders on Tuesday, December 10, 2024.

Sonoco Products's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -4.25%.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, April 17, 2024.

The dividend payout ratio for SON is:
  • 71.48% based on the trailing year of earnings
  • 40.86% based on this year's estimates
  • 39.10% based on next year's estimates
  • 24.87% based on cash flow

Sonoco Products' dividend yield of 4.24% is higher than the average Industrial Products company that issues a dividend. Sonoco Products' dividend payout ratio of 71.48% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Sonoco Products stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


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