Sonoco Products About To Put More Money In Your Pocket

On 2/22/22, Sonoco Products will trade ex-dividend, for its quarterly dividend of $0.45, payable on 3/10/22. As a percentage of SON’s recent stock price of $58.84, this dividend works out to approximately 0.76%, so look for shares of Sonoco Products to trade 0.76% lower โ€” all else being equal โ€” when SON shares open for trading on 2/22/22.

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Below is a dividend history chart for SON, showing historical dividends prior to the most recent $0.45 declared by Sonoco Products:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SON is likely to continue, and whether the current estimated yield of 3.06% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SON shares, versus its 200 day moving average:

Looking at the chart above, SON’s low point in its 52 week range is $54.82 per share, with $69.83 as the 52 week high point โ€” that compares with a last trade of $59.08. More dividend stock found at Top Dividends. In Friday trading, Sonoco Products shares are currently up about 0.4% on the day.

Source: https://www.forbes.com/sites/dividendchannel/2022/02/18/sonoco-products-about-to-put-more-money-in-your-pocket/