Why Sonoco Products is a Top 25 SAFE Dividend Stock (SON)
Wed, Apr 19, 8:14 AM ET, by ETF Channel
Sonoco Products Co. (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 2.9% 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 1.08% of the SPDR S&P Dividend ETF (SDY), which holds $164,983,987 worth of SON shares.
Sonoco Products Co. (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 $1.48/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/17/2017. Below is a long-term dividend history chart for SON, which the report stressed as being of key importance.
SON operates in the Packaging & Containers sector, among companies like International Paper Co (IP), and WestRock Co (WRK).
Read the original article at ETF Channel: Why Sonoco Products is a Top 25 SAFE Dividend Stock (SON)
SDI Glossary: "Channel" Definition
SDI Glossary: "Dividend" Definition
SDI Glossary: "iShares" Definition
SDI Glossary: "Stock" Definition
This Article's Word Cloud:
More articles: 1 2 3 4 5 6 7 next »