NYSE:SONPackaging
Sonoco Products (SON) Is Up 5.2% After $30M Capacity Boost and Dividend Announcement – What's Changed
In July 2025, Sonoco Products announced a US$30 million investment to boost its adhesives and sealants production by 100 million units annually, along with a quarterly dividend of US$0.53 per share to be paid in September.
This move spreads out new capacity across three facilities, enhancing supply reliability and strengthening Sonoco's ability to serve growing market demand.
Next, we'll examine how Sonoco's expanded adhesives and sealants capacity could reinforce its growth narrative and...