Sonoco Products Dividends and Buybacks
Dividend criteria checks 5/6
Sonoco Products is a dividend paying company with a current yield of 4.16% 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
4.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | US$2.080 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Does Sonoco Products (NYSE:SON) Have A Healthy Balance Sheet?
Oct 22
Sonoco: $1.8B Senior Unsecured Notes, Headwinds, And Divestitures Make This Stock Too Unpredictable
Sep 25Sentiment Still Eluding Sonoco Products Company (NYSE:SON)
Sep 09Sonoco Products: A Big Deal Creates Some Uncertainty
Jul 09Sonoco Products: Disappointing Prices Weigh On Free Cash Flow (Rating Downgrade)
Jun 01Sonoco Products Company's (NYSE:SON) Price Is Out Of Tune With Earnings
May 27Sonoco Products: Mixed Outlook Due To Destocking And Inflation
Mar 06Sonoco Products (NYSE:SON) Has A Somewhat Strained Balance Sheet
Jan 23Is Sonoco Products Company (NYSE:SON) Trading At A 40% Discount?
Jan 03Sonoco Products Should Benefit From Lower Inventories In 2024
Dec 20Sonoco Seems Cheap Considering The Risk Level
Oct 10We Think Sonoco Products (NYSE:SON) Is Taking Some Risk With Its Debt
Sep 22Does Sonoco Products (NYSE:SON) Deserve A Spot On Your Watchlist?
Aug 20Sonoco Products: Packaging Powerhouse With Promising Prospects
Aug 02Are Investors Undervaluing Sonoco Products Company (NYSE:SON) By 28%?
Jul 08Is Sonoco Products (NYSE:SON) Using Too Much Debt?
May 08Is There An Opportunity With Sonoco Products Company's (NYSE:SON) 24% Undervaluation?
Mar 30Still Avoiding Sonoco Products
Feb 24Sonoco Products declares $0.49 dividend
Feb 09Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt
Feb 02Northstar Recycling acquires Sonoco Sustainability Solutions
Jan 31Sonoco Products: Improving Free Cash Flow, Solid Dividend Growth Value Stock
Dec 16Sonoco Products Q3 2022 Earnings Preview
Oct 30Sonoco Products declares $0.49 dividend
Oct 19Sonoco Products: Solid Performance
Oct 05Sonoco ThermoSafe & United Airlines' cargo arm sign global master lease agreement
Sep 26Sonoco ThermoSafe & American Airlines' cargo arm sign global master lease agreement
Sep 08Sonoco unit to hike tube, core prices in EMEA due to inflationary pressure
Aug 30Sonoco Products Company: Expect Strength To Continue
Jul 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SON's dividends per share have been stable in the past 10 years.
Growing Dividend: SON's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sonoco Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SON) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (SON) (up to 3 years) | 4.4% |
Notable Dividend: SON's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SON's dividend (4.16%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), SON's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), SON's dividend payments are covered by cash flows.