Sonoco Raises Quarterly Dividend 2% to $0.54, Yielding 3.9%
Sonoco’s board approved a 2% quarterly dividend increase to $0.54 per share, raising annual payouts to $2.16 and yielding approximately 3.9%. The dividend will be paid June 10, 2026, to shareholders of record May 8, marking the 404th consecutive quarterly payment and 43rd annual hike.
1. Dividend Increase Details
Sonoco’s board approved a quarterly dividend increase to $0.54 per share, raising the annual payout to $2.16 from $2.12 per share. The dividend will be paid June 10, 2026, to shareholders of record as of May 8, 2026.
2. Historical Dividend Record and Yield
This marks the 404th consecutive quarterly dividend since 1925 and the 43rd consecutive annual increase, reflecting Sonoco’s long-standing payout consistency. Based on the April 14 closing price, the dividend now yields approximately 3.9%, roughly double the S&P 500 average.
3. Capital Returns and Financial Performance
Over the past five years, Sonoco generated more than $3 billion in operating cash flow and returned about $1.2 billion to shareholders via dividends and share repurchases. The company reported $7.5 billion in net sales for 2025 and employs around 22,000 people across 265 operations in 37 countries.