Industry News, Printers News

Sonoco Increases Common Stock Dividend by 5.4%

Declared a $0.39 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 $0.39 per share quarterly common stock dividend, a 5.4% increase from the previous quarterly dividend of $0.37 per share. The dividend will be paid on June 9, 2017, to shareholders of record as of May 12, 2017.   According to Jack Sanders, president and chief executive officer, this is the 35th consecutive year that Sonoco has grown common stock dividends and the 368th consecutive quarter, dating back to 1925, that the company has paid dividends to s...

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