Markets
SON

Sonoco Products a Top Ranked SAFE Dividend Stock With 3.2% 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 3.2% 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 1.04% of the SPDR S&P Dividend ETF (SDY), which holds $157,619,737 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 $1.72/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/07/2020. 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 Amcor plc (AMCR), and International Paper Co (IP).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SON

Other Topics

Stocks ETFs

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More