Sonoco Products Dividend

Dividend criteria checks 5/6

Sonoco Products is a dividend paying company with a current yield of 3.59% that is well covered by earnings.

Key information

3.6%

Dividend yield

51%

Payout ratio

Industry average yield2.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$3.99
Dividend yield forecast in 3Y3.7%

Recent dividend updates

Recent updates

Sonoco Products: Disappointing Prices Weigh On Free Cash Flow (Rating Downgrade)

Jun 01

Sonoco Products Company's (NYSE:SON) Price Is Out Of Tune With Earnings

May 27
Sonoco Products Company's (NYSE:SON) Price Is Out Of Tune With Earnings

Sonoco Products: Mixed Outlook Due To Destocking And Inflation

Mar 06

Sonoco Products (NYSE:SON) Has A Somewhat Strained Balance Sheet

Jan 23
Sonoco Products (NYSE:SON) Has A Somewhat Strained Balance Sheet

Is Sonoco Products Company (NYSE:SON) Trading At A 40% Discount?

Jan 03
Is Sonoco Products Company (NYSE:SON) Trading At A 40% Discount?

Sonoco Products Should Benefit From Lower Inventories In 2024

Dec 20

Sonoco Seems Cheap Considering The Risk Level

Oct 10

We Think Sonoco Products (NYSE:SON) Is Taking Some Risk With Its Debt

Sep 22
We Think Sonoco Products (NYSE:SON) Is Taking Some Risk With Its Debt

Does Sonoco Products (NYSE:SON) Deserve A Spot On Your Watchlist?

Aug 20
Does Sonoco Products (NYSE:SON) Deserve A Spot On Your Watchlist?

Sonoco Products: Packaging Powerhouse With Promising Prospects

Aug 02

Are Investors Undervaluing Sonoco Products Company (NYSE:SON) By 28%?

Jul 08
Are Investors Undervaluing Sonoco Products Company (NYSE:SON) By 28%?

Is Sonoco Products (NYSE:SON) Using Too Much Debt?

May 08
Is Sonoco Products (NYSE:SON) Using Too Much Debt?

Is There An Opportunity With Sonoco Products Company's (NYSE:SON) 24% Undervaluation?

Mar 30
Is There An Opportunity With Sonoco Products Company's (NYSE:SON) 24% Undervaluation?

Still Avoiding Sonoco Products

Feb 24

Sonoco Products declares $0.49 dividend

Feb 09

Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt

Feb 02
Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt

Northstar Recycling acquires Sonoco Sustainability Solutions

Jan 31

Sonoco Products: Improving Free Cash Flow, Solid Dividend Growth Value Stock

Dec 16

Sonoco Products Q3 2022 Earnings Preview

Oct 30

Sonoco Products declares $0.49 dividend

Oct 19

Sonoco Products: Solid Performance

Oct 05

Sonoco ThermoSafe & United Airlines' cargo arm sign global master lease agreement

Sep 26

Sonoco ThermoSafe & American Airlines' cargo arm sign global master lease agreement

Sep 08

Sonoco unit to hike tube, core prices in EMEA due to inflationary pressure

Aug 30

Sonoco Products Company: Expect Strength To Continue

Jul 27

Sonoco Products declares $0.49 dividend

Jul 20

Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt

Jul 20
Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt

Sonoco Thermosafe and Turkish Cargo sign global master lease agreement

Jul 14

Sonoco expands residential recycling of paper cups to its South Carolina mill

Jul 05

Continuing To Avoid Sonoco Products

May 13

Sonoco Products (NYSE:SON) Is Paying Out A Larger Dividend Than Last Year

Apr 28
Sonoco Products (NYSE:SON) Is Paying Out A Larger Dividend Than Last Year

Is Sonoco Products (NYSE:SON) Using Too Much Debt?

Apr 17
Is Sonoco Products (NYSE:SON) Using Too Much Debt?

Stability 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
How does SON dividend yield compare to the market?
SegmentDividend Yield
Company (SON)3.6%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Packaging)2.4%
Analyst forecast in 3 Years (SON)3.7%

Notable Dividend: SON's dividend (3.59%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: SON's dividend (3.59%) is low compared to the top 25% of dividend payers in the US market (4.78%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.2%), SON's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (34.9%), SON's dividend payments are well covered by cash flows.


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