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Fly News Breaks for October 18, 2019
SON
Oct 18, 2019 | 09:03 EDT
Vertical Research analyst Salvator Tiano upgraded Sonoco to Hold from Sell with a $53 price target, stating that he sees limited downside following the stock's recent sharp decline.
News For SON From the Last 2 Days
SON
Apr 17, 2024 | 10:51 EDT
The Board of Directors of Sonoco increased its quarterly common stock dividend to 52c per share from the previous quarterly distribution of 51c per share. This new dividend will be paid on June 10, 2024, to shareholders of record as of May 10, 2024. With this increase, Sonoco's annualized dividend payout moves to $2.08 per share. Future quarterly declarations and the establishment of future record and payment dates are subject to final determination by Sonoco's Board of Directors.