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SON (Sonoco Products Co) Dividend Yield % : 4.05% (As of Dec. 13, 2024)


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What is Sonoco Products Co Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Sonoco Products Co is 4.05%.

Good Sign:

Sonoco Products Co stock dividend yield is close to 10-year high.

The historical rank and industry rank for Sonoco Products Co's Dividend Yield % or its related term are showing as below:

SON' s Dividend Yield % Range Over the Past 10 Years
Min: 2.5   Med: 2.99   Max: 4.23
Current: 4.05

During the past 13 years, the highest Dividend Yield of Sonoco Products Co was 4.23%. The lowest was 2.50%. And the median was 2.99%.

SON's Dividend Yield % is ranked better than
72.16% of 255 companies
in the Packaging & Containers industry
Industry Median: 2.57 vs SON: 4.05

Sonoco Products Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.35.

During the past 13 years, the highest Dividend Payout Ratio of Sonoco Products Co was 0.55. The lowest was 0.30. And the median was 0.49.

As of today (2024-12-13), the Forward Dividend Yield % of Sonoco Products Co is 4.07%.

Sonoco Products Co's Dividends per Share for the three months ended in Sep. 2024 was $0.52.

During the past 12 months, Sonoco Products Co's average Dividends Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sonoco Products Co was 28.10% per year. The lowest was 2.10% per year. And the median was 5.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Sonoco Products Co Dividend Yield % Historical Data

The historical data trend for Sonoco Products Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sonoco Products Co Dividend Yield % Chart

Sonoco Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 2.90 3.11 3.16 3.62

Sonoco Products Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 3.62 3.53 4.04 3.77

Competitive Comparison of Sonoco Products Co's Dividend Yield %

For the Packaging & Containers subindustry, Sonoco Products Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sonoco Products Co's Dividend Yield % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sonoco Products Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sonoco Products Co's Dividend Yield % falls into.



Sonoco Products Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sonoco Products Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5200002024-11-082024-11-082024-12-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002024-08-092024-08-092024-09-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002024-05-092024-05-102024-06-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.5100002024-02-272024-02-282024-03-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sonoco Products Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.07/51.18
=4.04 %

Current Share Price is $51.18.
Sonoco Products Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.07.

Sonoco Products Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.08/51.18
=4.06 %

Current Share Price is $51.18.
Sonoco Products Co's Dividends per Share for the forward twelve months is calculated as $0.52 * 4 = $2.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sonoco Products Co  (NYSE:SON) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sonoco Products Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sonoco Products Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonoco Products Co Business Description

Traded in Other Exchanges
Address
1 N. Second Street, Hartsville, SC, USA, 29550
Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 40 years.
Executives
John M Florence officer: Corporate Attorney ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Adam Wood officer: VP, Industrial Europe ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Russell K Grissett officer: VP, Global Flexible Packaging 1 NORTH 2ND STREET, HARTSVILLE SC 29550
Jeffrey S Tomaszewski officer: VP - Global RPC, D&P, Paper 1 N 2ND ST, HARTSVILLE SC 29550
Haynes Ernest D Iii officer: VP, Rigid Paper Containers, NA 1 NORTH 2ND STREET, HARTSVILLE SC 29550
Sean Cairns officer: Pres Global Rigid Paper&Closur 1 N 2ND ST, HARTSVILLE SC 29550
Hill Robert R Jr director C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Steven L Boyd director 1 NORTH 2ND ST, HARTSVILLE SC 29550
Shawn B Munday officer: VP, Glbl Mergers & ACQ 1 N 2ND ST, HARTSVILLE SC 29550
Aditya Gandhi officer: CAO 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Rodger D Fuller officer: DIV VP & GENERAL MANAGER - CPD C/O SONOCO PRODUCTS COMPANY, 1 N. SECOND STREET, HARTSVILLE SC 29550
Anne Marie Lopiccolo officer: VP, Global Human Resources 1 N 2ND ST, HARTSVILLE SC 29550
Elizabeth J Rhue officer: VP Global Envir&Sustainability 1 N. 2ND STREET, HARTSVILLE SC 29550
Julie C Albrecht officer: VP, Treasurer/Assistant CFO ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Lisa K Weeks officer: Staff VP Investor Relations 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281