A packaging maker has paid dividends for 407 straight quarters, dating to 1925.
Sonoco Products Company (SON) declared a $0.54 per share quarterly dividend, payable December 10, 2026. This marks 407 consecutive quarters of dividends since 1925. The dividend yield is approximately 4.3%, more than double the S&P 500 Index yield. Sonoco is a global packaging company with $7.5 billion in net sales in 2025.
How this was made
The 30-second read
Why it matters
The announcement reinforces Sonoco's image as a reliable income stock, likely prompting short‑term buying.
Market read
Dividend news for a mid‑cap, high‑yield stock provides a clear, actionable signal for income investors.
What to watch
The dividend sustainability depends on future cash flow trends amid raw‑material cost volatility.
Background
Sonoco Products is a Fortune‑500 global packaging company with $7.5 B sales in 2025 and a long dividend history.
Ticker impact
Sonoco Products announced a $0.54 quarterly dividend, its 407th consecutive payment, yielding ~4.3% based on the latest close.
likely modest upside as the market prices in the attractive yield
Dividend initiations or increases on mid‑cap stocks typically generate buying interest, especially with a 4.3% yield.
Market effects
Highlights the stability of the packaging sector and may lift peer dividend‑yield stocks.
U.S. investors seeking yield may rotate into SON, modestly supporting broader mid‑cap indices.
Limited to U.S. equity markets; no direct global macro effect.
Counterpoint
Yield‑seeking investors might overlook potential downside if earnings pressure emerges later.
Key entities
- personHoward Coker
President and CEO of Sonoco Products, quoted on the dividend announcement.

