Sonoco Products Co. Earns Elite Status Among Dividend Stocks
Sonoco Products Co. (Symbol: SON) has recently been recognized in the Dividend Channel “S.A.F.E. 25” list, showcasing its strong financial qualities. With an impressive 4.5% yield and a solid track record of uninterrupted dividend growth for over 20 years, Sonoco stands out in the investment community.
Sonoco is part of the iShares S&P 1500 Index ETF (ITOT) and accounts for 0.25% of the SPDR S&P Dividend ETF (SDY), which holds SON shares valued at $51,731,087, according to the ETF Finder at ETF Channel.
The recognition of Sonoco Products Co. (Symbol: SON) as part of the “Dividend Channel S.A.F.E. 25” is due to several key strengths:
S. Solid returns with a strong yield and favorable DividendRank metrics;
A. Accelerating dividends with consistent growth;
F. Flawless record, having never missed or reduced dividends;
E. Enduring presence, with at least two decades of consistent payments.
The company currently pays an annualized dividend of $2.08 per share, distributed quarterly. The last ex-dividend date was on February 26, 2025. The chart below details SON’s long-term dividend history, a critical metric highlighted in the report.
Sonoco operates in the Packaging & Containers sector, competing with other notable companies like Smurfit Westrock plc (SW) and International Paper Co. (IP).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
