Sonoco Celebrates 100 Years of Dividend Payments with Latest Increase

2025-10-16 companies

Hartsville, Wednesday, 15 October 2025.
Sonoco declared a $0.53 quarterly dividend, marking its 402nd consecutive quarter and 42nd year of increases. The 5.35% yield surpasses the S&P 500 average, highlighting its robust financial health.

Historical Dividend Consistency

On October 14, 2025, Sonoco (NYSE: SON) declared a quarterly common stock dividend of $0.53 per share, marking the 402nd consecutive quarter and 100th year since it began issuing dividends in 1925. This announcement underscores Sonoco’s longstanding commitment to returning value to its shareholders through consistent dividends, a practice that has been maintained for a century [1][2].

Significance of the Dividend Increase

The current dividend yield of approximately 5.35% is significantly higher than the S&P 500 Index’s average yield, highlighting the company’s robust financial health. This is the 42nd consecutive year that Sonoco has increased its annualized dividend, reflecting the company’s strong cash flow and management’s confidence in its financial future [1][3].

Impact on Investors

For income-oriented investors, Sonoco’s latest dividend declaration not only signals financial stability but also enhances the attractiveness of its stock. The steady increase in dividends over the years may lead to a lower cost of capital and could influence competitors in the packaging sector to reassess their financial strategies [2][4].

Company Overview

Founded in 1899, Sonoco is a global leader in sustainable packaging solutions. With approximately 23,400 employees operating in 285 locations across 40 countries, the company continues to leverage its extensive reach and innovative practices to serve some of the world’s best-known brands. In 2025, Sonoco was named one of America’s Most Admired and Responsible Companies, further cementing its reputation as an industry leader [1][5].

Sources

Sonoco dividend dividend yield