|Bid||52.83 x 800|
|Ask||52.84 x 1000|
|Day's Range||52.41 - 53.28|
|52 Week Range||37.30 - 66.57|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||17.91|
|Earnings Date||Jul. 16, 2020|
|Forward Dividend & Yield||1.72 (3.26%)|
|Ex-Dividend Date||May 07, 2020|
|1y Target Est||54.29|
Sonoco (SON) is worth retaining in the portfolio with focus on productivity improvement, cost control and solid growth in the consumer packaging business.
Sonoco (SON), one of the largest global diversified packaging companies, today announced its Tube & Core North America division will implement a tube and core scrap return subscription service, effective July 1, 2020. The subscription service is voluntary and will only be in effect if a customer chooses to return scrap tubes and cores to a Sonoco supplying facility. For many years, Sonoco offered this service at no cost to customers, however fluctuations in the value of the returned materials, along with the rising costs of labor, freight and other processing costs, required leadership to review this valuable offering.
With focus on productivity improvement, cost control and strong growth in consumer packaging business, Sonoco (SON) is worth retaining in the portfolio
Sonoco (SON), one of the largest global diversified packaging companies, today announced it is increasing prices for all rigid paper containers and closures sold in North America by a minimum of 5.5 percent, effective with shipments on, and after, June 8, 2020. According to Ernest Haynes, Division Vice President and General Manager, Rigid Paper and Closures, North America, this price increase is necessary to recover rapidly rising costs for recycled paperboard, which is a primary raw material used to produce rigid paper containers. As an essential supplier during these unprecedented times, our primary focus, as is always the case, entails doing everything we can to make sure our customers have what they need to support their customers.
BRUSSELS, April 30, 2020 -- Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by 8.0 percent, depending on product category, effective.
BRUSSELS, April 30, 2020 -- Sonoco-Alcore S.a.r.l. today announced that it will introduce a price surcharge of €50 per tonne on all recycled paperboard grades sold in the.
Sonoco (SON), one of the largest global diversified packaging companies, today announced that on April 22, 2020, it sold $600 million aggregate principal amount of new 3.125% senior unsecured notes maturing May 1, 2030. “We are very pleased with the solid execution and favorable interest rate for this bond offering, reflecting strong support received from fixed income investors,” said Julie Albrecht, Vice President and Chief Financial Officer. “This proactive bond financing, our first in nearly 10 years, increases our liquidity to a level that we believe enables us to more than meet our commitments, even in a prolonged coronavirus-induced downturn, as we continue to ensure the long-term financial health of Sonoco.”
HARTSVILLE, S.C., April 16, 2020 -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending.
Sonoco (SON) today announced it is increasing prices for all paperboard tubes and cores sold in the United States and Canada by a minimum of 8 percent, effective with shipments on and after Wednesday, May 13, 2020. According to Doug Schwartz, Division Vice President and General Manager, Tubes and Cores, U.S. and Canada, this price increase, which is the first announced change in nearly two years, is necessary to recover rising costs for recycled paperboard, which is the primary raw material used to produce tubes and cores. “Along with rising paper prices, we have experienced continued price escalation in other input costs, which are putting cost pressures on Sonoco that we are simply unable to absorb,” Schwartz said.
The Board of Directors of Sonoco (SON) today declared a $.43 per share quarterly common stock dividend. The dividend will be paid on June 10, 2020, to shareholders of record as of May 8, 2020. According to Howard Coker, president and chief executive officer, this is the 380th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders.
Sonoco (SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 13, 2020. According to Tim Davis, division vice president and general manager, Paper and Adhesives, U.S./Canada, it has been nearly two years since Sonoco’s last URB market price increase, and since that time the Company has experienced inflation on input costs such as starch and other papermaking chemicals, labor and fringes, repair costs and repair materials, and most recently significant increases in recycled fiber costs. “The cost to operate and maintain our paper machines continues to increase,” Davis said.
Sonoco (SON), one of the largest diversified global packaging companies, today announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons. The new Hartsville machine will be designed with the goal of being the largest and lowest cost URB machine in the world, with the capability of producing a wide range of high-value paper grades to service Sonoco’s industrial and consumer converted products businesses and external trade customers.
Anyone researching Sonoco Products Company (NYSE:SON) might want to consider the historical volatility of the share...
The Board of Directors of Sonoco (SON) today announced it is changing the location for the Company’s Annual Meeting of Shareholders scheduled for Wednesday, April 15, 2020, at 11 a.m. ET, from Center Theater, 212 North Fifth Street, Hartsville, S.C., to Sonoco’s Corporate Headquarters at 1 North Second Street, Hartsville. The meeting webcast will also be archived on the Investor Relations section of Sonoco’s website, and a telephonic replay will be available at 855-859-2056, Conference 9372537, from April 15 at 2 p.m. ET through April 22 at 2 p.m. ET.
Sonoco (SON), recently named to Barron’s 100 Most Sustainable Companies, in partnership with Tellus®, a packaging company based in Belle Glade, Fla. and jointly owned by Florida Crystals Corporation and Sugar Cane Growers Cooperative of Florida, today announced the introduction of its first, 100% U.S. sourced, sugarcane-based fiber bowl for refrigerated, frozen and prepared foods. Branded as Natrellis™, the fiber bowl is dual-ovenable, PFAS-free, and provides an alternative to more traditional rigid plastic packages used by the majority of refrigerated and frozen food products on the market. “This new sugarcane-based package is further evidence of our commitment to developing more sustainable options for brands and consumers alike,” said Ernest Haynes, Sonoco division vice president and general manager, Rigid Paper and Closures, North America.
Is Sonoco Products Company (NYSE:SON) a good dividend stock? How can we tell? Dividend paying companies with growing...
Recently acquired by Sonoco (SON), TEQ Thermoform Engineered Quality, a global manufacturer of thermoformed packaging, serving healthcare, medical device and consumer markets, will rename and brand all its manufacturing locations strictly as TEQ. The legal name will become SONOCO TEQ, with the appropriate company type dependent on the region of the facility. In January 2020, Sonoco, one of the most sustainable, diversified global packaging companies, completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ).
HARTSVILLE, S.C., Feb. 25, 2020 -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, has announced organizational updates to its Global Industrial.
Sonoco Products Company (NYSE:SON) is about to trade ex-dividend in the next 4 days. You can purchase shares before...
Sonoco (SON), one of the largest global diversified packaging companies, has again been listed on the third annual Barron’s 100 Most Sustainable Companies in the United States list. This year marks the second time Sonoco has been included on the prestigious list. “We are honored to again be included as one of America’s most sustainable companies alongside some of the world’s best known brands,” said Howard Coker, president and CEO.
Sonoco Products Company (NYSE:SON) came out with its full-year results last week, and we wanted to see how the...
Sonoco (SON) delivered earnings and revenue surprises of 0.00% and 0.35%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?