Sonoco Products Dividends and Buybacks
Dividend criteria checks 5/6
Sonoco Products is a dividend paying company with a current yield of 4.07% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
4.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | €2.080 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNS's dividends per share have been stable in the past 10 years.
Growing Dividend: SNS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sonoco Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SNS) | 4.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Packaging) | 3.3% |
| Analyst forecast (SNS) (up to 3 years) | 4.3% |
Notable Dividend: SNS's dividend (4.07%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: SNS's dividend (4.07%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), SNS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), SNS's dividend payments are covered by cash flows.