Industry News, Printers News

Sonoco Increases Common Stock Dividend by Nearly 6%

Declared a $.37 per share quarterly common stock dividend.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Board of Directors of Sonoco declared a $.37 per share quarterly common stock dividend, a 5.7% increase from the previous quarterly dividend of $.35 per share. The dividend will be paid on June 10, 2016, to shareholders of record as of May 13, 2016.   According to Jack Sanders, president and CEO, this is the 34th consecutive year that Sonoco has raised common stock dividends and the 364th consecutive quarter, dating back to 1925, that the company has paid dividends to shareholders. If annu...

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