Greif, Inc. Declares Increased Quarterly Dividends, Payable on October 1, 2022
August 30, 2022 at 12:27 pm EDT
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Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.50 per share on its Class A Common Stock, and $0.75 per share on its Class B Common Stock. This dividend declaration represents an 8.7% per share increase from the quarterly dividends declared on June 7, 2022 and August 31, 2021. The dividends are payable on October 1, 2022, to stockholders of record at the close of business on September 16, 2022.
Greif, Inc. is engaged in industrial packaging products and services. The Company principally manufactures rigid industrial packaging products, such as steel, fiber and plastic drums, rigid intermediate bulk containers, jerrycans and other small plastics, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. The Company produces and sells containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries, such as packaging, automotive, food and building products. The Company also produces and sells coated recycled paperboard and uncoated recycled paperboard, some of which are used to produce and sell industrial products (tubes and cores, construction products and protective packaging).