SILGAN : INCREASES DIVIDEND BY 14.3 PERCENT AND DECLARES QUARTERLY DIVIDEND; DIVIDEND INCREASED FOR 18TH CONSECUTIVE YEAR SINCE INITIATION - Form 8-K
February 23, 2022 at 05:40 pm EST
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SILGAN INCREASES DIVIDEND BY 14.3 PERCENT AND DECLARES QUARTERLY DIVIDEND; DIVIDEND INCREASED FOR 18TH CONSECUTIVE YEAR SINCE INITIATION
STAMFORD, CT, February 23, 2022 -- Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.16 per share quarterly cash dividend on the Company's common stock, payable on March 31, 2022 to the holders of record of the common stock of the Company on March 17, 2022. This represents a 14.3 percent increase from last year in the Company's quarterly cash dividend, which the Company has increased every year since it began paying cash dividends in 2004.
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Silgan is a leading supplier of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $5.7 billion in 2021. Silgan operates 113 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for food, beverage, health care, garden, home, personal care, fragrance and beauty products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.
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Silgan Holdings Inc. published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 22:34:06 UTC.
Silgan Holdings Inc. is a manufacturer of sustainable rigid packaging solutions for essential consumer goods products. The Companyâs segments include dispensing and specialty closures, metal containers and custom containers. The dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. The metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. The custom containers segment manufactures and sells custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. Its products are used for a variety of end markets, and it operates over 107 manufacturing plants in North America, Europe, Asia and South America.