Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments. The Consumer Packaging International segment offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. The Consumer Packaging North America segment provides containers and pails, foodservice products, closures and overcaps, bottles and prescription vials, and tubes. The Engineered Materials segment offers stretch and shrink, converter, food and consumer, and agriculture films, as well as institutional can liners and retail bags. The Health, Hygiene & Specialties segment provides healthcare, hygiene, specialties, and tapes. Berry Global Group, Inc. sells its products through direct sales force of professionals and distributors in the United States, Canada, Europe, and internationally. The company was formerly known as Berry Plastics Group, Inc. and changed its name to Berry Global Group, Inc. in April 2017. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana.
Berry Global Dividend Announcement
• Berry Global announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• Berry Global annual dividend for 2024 was $1.16
• Berry Global annual dividend for 2023 was $1.05
• Berry Global's trailing twelve-month (TTM) dividend yield is 1.6%
• Berry Global's payout ratio for the trailing twelve months (TTM) is 26.94%
Berry Global Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.31 | quarterly | 2024-12-16 |
2024-09-03 | $0.30 | quarterly | 2024-09-17 |
2024-06-03 | $0.28 | quarterly | 2024-06-17 |
2024-02-29 | $0.28 | quarterly | 2024-03-15 |
2023-11-30 | $0.28 | quarterly | 2023-12-15 |
2023-08-31 | $0.27 | quarterly | 2023-09-15 |
2023-05-31 | $0.25 | quarterly | 2023-06-15 |
2023-02-28 | $0.25 | quarterly | 2023-03-15 |
2022-11-30 | $0.25 | quarterly | 2022-12-15 |
Berry Global Dividend per year
Berry Global Dividend growth
Berry Global Dividend Yield
Berry Global current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Berry Global stock? Use our calculator to estimate your expected dividend yield:
Berry Global Financial Ratios
Berry Global Dividend FAQ
Other factors to consider when evaluating Berry Global as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Berry Global's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Berry Global publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Berry Global distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Berry Global are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Berry Global sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Berry Global distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Berry Global declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Berry Global's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Berry Global's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.