Sonoco Products a Top Ranked SAFE Dividend Stock With 3.0% Yield (SON)

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Sonoco Products a Top Ranked SAFE Dividend Stock With 3.0% Yield (SON)


Sonoco Products Co. (Symbol: SON) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 3.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

According to the ETF Finder at ETF Channel, Sonoco Products Co. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.05% of the SPDR S&P Dividend ETF (SDY), which holds $207,350,160 worth of SON shares.

Sonoco Products Co. (Symbol: SON) made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

The annualized dividend paid by Sonoco Products Co. is $1.8/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/09/2021. Below is a long-term dividend history chart for SON, which the report stressed as being of key importance.

SON+Dividend+History+Chart

SON operates in the Packaging & Containers sector, among companies like International Paper Co (IP), and Amcor plc (AMCR).

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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.



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