Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, tomato based products, adult nutritional drinks, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for use in food, beverage, health care, garden, home, personal care, and beauty products, as well as capping/sealing equipment and detection systems. The Custom Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care; food and beverage; household and industrial chemical; pharmaceutical; pet food and care; agricultural; automotive; and marine chemical products. This segment also provides plastic thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products; and plastic closures, caps, sifters, and fitments, as well as thermoformed tubs for food, household, and personal care products, including soft fabric wipes. The company markets its products primarily through direct sales force, as well as through a network of distributors and an online shopping catalog. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.
Silgan Dividend Announcement
• Silgan announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• Silgan annual dividend for 2024 was $0.76
• Silgan annual dividend for 2023 was $0.72
• Silgan's trailing twelve-month (TTM) dividend yield is 1.36%
• Silgan's payout ratio for the trailing twelve months (TTM) is 27.38%
• Silgan's dividend growth over the last five years (2018-2023) was 12.47% year
• Silgan's dividend growth over the last ten years (2013-2023) was 2.54% year
Silgan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.19 | quarterly | 2024-12-16 |
2024-09-03 | $0.19 | quarterly | 2024-09-17 |
2024-06-03 | $0.19 | quarterly | 2024-06-17 |
2024-03-13 | $0.19 | quarterly | 2024-03-28 |
2023-11-30 | $0.18 | quarterly | 2023-12-15 |
2023-08-31 | $0.18 | quarterly | 2023-09-15 |
2023-05-31 | $0.18 | quarterly | 2023-06-15 |
2023-03-16 | $0.18 | quarterly | 2023-03-31 |
2022-11-30 | $0.16 | quarterly | 2022-12-15 |
2022-08-31 | $0.16 | quarterly | 2022-09-15 |
2022-05-31 | $0.16 | quarterly | 2022-06-15 |
2022-03-16 | $0.16 | quarterly | 2022-03-31 |
2021-11-30 | $0.14 | quarterly | 2021-12-15 |
2021-08-31 | $0.14 | quarterly | 2021-09-15 |
2021-05-28 | $0.14 | quarterly | 2021-06-15 |
2021-03-16 | $0.14 | quarterly | 2021-03-31 |
2020-11-30 | $0.12 | quarterly | 2020-12-15 |
2020-08-31 | $0.12 | quarterly | 2020-09-15 |
2020-05-29 | $0.12 | quarterly | 2020-06-15 |
2020-03-16 | $0.12 | quarterly | 2020-03-31 |
2019-11-29 | $0.11 | quarterly | 2019-12-16 |
2019-08-30 | $0.11 | quarterly | 2019-09-17 |
2019-05-31 | $0.11 | quarterly | 2019-06-17 |
2019-03-15 | $0.11 | quarterly | 2019-03-29 |
2018-11-30 | $0.10 | quarterly | 2018-12-17 |
2018-08-31 | $0.10 | quarterly | 2018-09-18 |
2018-05-31 | $0.10 | quarterly | 2018-06-15 |
2018-03-15 | $0.10 | quarterly | 2018-03-30 |
2017-11-30 | $0.09 | quarterly | 2017-12-15 |
2017-08-30 | $0.09 | quarterly | 2017-09-15 |
2017-05-30 | $0.09 | quarterly | 2017-06-15 |
2017-03-14 | $0.18 | quarterly | 2017-03-30 |
2016-11-29 | $0.17 | quarterly | 2016-12-15 |
2016-08-30 | $0.17 | quarterly | 2016-09-15 |
2016-05-27 | $0.17 | quarterly | 2016-06-15 |
2016-03-14 | $0.17 | quarterly | 2016-03-30 |
2015-11-27 | $0.16 | quarterly | 2015-12-15 |
2015-08-28 | $0.16 | quarterly | 2015-09-15 |
2015-05-28 | $0.16 | quarterly | 2015-06-15 |
2015-03-12 | $0.16 | quarterly | 2015-03-30 |
2014-11-26 | $0.15 | quarterly | 2014-12-15 |
2014-08-29 | $0.15 | quarterly | 2014-09-17 |
2014-05-29 | $0.15 | quarterly | 2014-06-16 |
2014-03-12 | $0.15 | quarterly | 2014-03-28 |
2013-11-27 | $0.14 | quarterly | 2013-12-16 |
2013-08-29 | $0.14 | quarterly | 2013-09-17 |
2013-05-30 | $0.14 | quarterly | 2013-06-17 |
2013-03-13 | $0.14 | quarterly | 2013-03-29 |
Silgan Dividend per year
Silgan Dividend growth
Silgan Dividend Yield
Silgan current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Silgan stock? Use our calculator to estimate your expected dividend yield:
Silgan Financial Ratios
Silgan Dividend FAQ
Other factors to consider when evaluating Silgan 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: Silgan'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, Silgan 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, Silgan 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 Silgan 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: Silgan 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, Silgan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Silgan 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 Silgan'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 Silgan'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.