Greif Raises Quarterly Dividend 10.7% to $0.62/$0.93 per Share
GEF•Greif's Board approved a 10.7% hike to quarterly dividends to $0.62 on Class A and $0.93 on Class B shares, payable July 1 to shareholders of record June 17. The increase reflects stronger free cash flow, a maintained leverage below 2.0x and commitments to high-return investments and share buybacks.
1. Dividend Increase Details
Greif’s Board of Directors approved a 10.7% increase to its quarterly dividend, boosting payouts to $0.62 per Class A share and $0.93 per Class B share. This marks the latest step in returning capital to shareholders through enhanced cash distributions.
2. Capital Allocation Framework
The dividend surge reflects Greif’s robust free cash flow generation and a disciplined framework targeting leverage below 2.0x. The company also plans high-return organic investments and opportunistic share repurchases.
3. Payment and Record Dates
The increased dividends are payable on July 1, 2026, to shareholders of record as of the close of business on June 17, 2026. This schedule aligns with Greif’s cash management and shareholder return priorities.
