Sonoco Products Company
SON34 yrs growthConsumer Cyclical · Stock · quarterly payer
Forward Yield
4.21%
Annual Dividend
$2.13
Payout Ratio
35%
5-Yr Growth
4.3%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of June 2026, Sonoco Products Company (SON) yields 4.21% ($2.13 per share annually), with a blended fair-value estimate of $58.71 — +16% upside, so it screens as undervalued. Dividend safety grade: A (94/100). 34 years of dividend growth.
Is SON a good dividend stock?
YesSonoco Products Company (SON) pays a quarterly dividend yielding 4.21% ($2.13/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 34 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (35%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.21%
- Payout Ratio
- 35%
- Annual Dividend
- $2.13
- 5-Yr Avg Growth
- 4.3%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 34
- Frequency
- quarterly
- Beta
- 0.38
- Market Cap
- $5.0B
- P/E Ratio
- 8.3
- 5-Yr Total Return
- -24%
- 52-Week Range
- $38.65 – $58.44
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
SON Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
-14%
5 Years
-24%
52-Week Range
$38.65 – $58.44
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SON worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Sonoco Products Company is $58.71 per share, versus a market price of $50.57. That implies 16% of upside — a margin of safety of about 14%.
Fair Value
$58.71
Current Price
$50.57
Upside
+16%
Margin of Safety
14%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 2.2% annual free-cash-flow growth. We model 2.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 2.8% stage-1 growth, 2.5% terminal growth, $6.11 EPS, $2.13 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SON Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.5400 | regular |
| Feb 25, 2026 | — | $0.5300 | regular |
| Nov 10, 2025 | — | $0.5300 | regular |
| Aug 8, 2025 | — | $0.5300 | regular |
| May 9, 2025 | — | $0.5300 | regular |
| Feb 26, 2025 | — | $0.5200 | regular |
| Nov 8, 2024 | — | $0.5200 | regular |
| Aug 9, 2024 | — | $0.5200 | regular |
| May 9, 2024 | — | $0.5200 | regular |
| Feb 27, 2024 | — | $0.5100 | regular |
| Nov 9, 2023 | — | $0.5100 | regular |
| Aug 9, 2023 | — | $0.5100 | regular |
| May 9, 2023 | — | $0.5100 | regular |
| Feb 21, 2023 | — | $0.4900 | regular |
Income Calculator
At $2.13 / yr per share
