Sonoco declared a USD 0.39 per share quarterly common stock dividend, payable on September 8, 2017, to shareholders of record as of August 11, 2017.
According to Jack Sanders, president and chief executive officer, this is the 369th consecutive quarter, dating back to 1925, that the company has paid dividends to shareholders.
Earlier Sonoco appointed a new board member.
Other wood business-related companies 1Q2017 year reporting schedules are available at the following link.
The company is a global provider of a variety of consumer packaging, industrial products, protective packaging and packaging supply chain services. With annualized net sales of approximately USD 5.0 billion, it has 20,800 employees working in more than 300 facilities in 35 countries. Sonoco is one of the largest producers of uncoated recycled paperboard in the United States and Canada, producing more than 1 million tons annually from 11 mills.