Greif Inc As of November 25, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
GEF $2.00 8.7% 4.5% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Metal & Glass Containers 2.7% 2 3.5% Quarter N/A
GEF LOGO credit: company website
GEF LOGO credit: company website

On August 30, 2022, Greif Inc (GEF) announced a dividend hike of 8.7% to $0.50 quarterly per share. This follows a 4.5 percent dividend hike to 46 cents per share by GEF in 2021 and marks 2 consecutive years of dividend growth by the producer of industrial packaging products and services.

The next GEF dividend of 50 cents quarterly is payable on October 1, 2022, to shareholders of record at the close of business on September 16, 2022. The new annual dividend of $2.00 per share yields 2.9% at a stock price of $68 for Greif. The next ex-dividend date for GEF is September 15, 2022.

Greif Inc (GEF) Dividend history and dividend growth statistics
Company name Greif Inc
Ticker symbol GEF
ISIN-code US3976241071
company website https://www.greif.com/
Dividend paid since N/A
Track record (years increased) 2
Payment Frequency Quarterly dividend
Sector Materials
Business Metal & Glass Containers
Dividend growth: 5 year average 3.5%
Next dividend per share $0.50
Annual dividend per share $2.00
Dividend yield* 2.9%
Stock price* $68.47
YTD Total Return* 15.2%
Next ex-dividend date September 15, 2022
Next payment date October 1, 2022
Market cap (in $B)* 3.33
Total dividend (in $B) 0.10
© www.dividendhike.com *As of August 30, 2022

"We are excited to continue growing our recurring dividend," said Larry Hilsheimer, Greif's Executive Vice President and Chief Financial Officer. "This increased dividend supplements our recently announced share repurchase program, which together provide a compelling investment opportunity to our shareholders."

Greif, Inc. is a producer of industrial packaging products and services. produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 05 ROST 1.1% 8.8%
Dec 05 CI 1.2% 0.0%
Dec 06 AVY 1.4% 0.0%
Dec 06 ODFL 0.4% 50.0%
Dec 06 BLK 2.6% 18.2%
Dec 06 AEE 2.7% 7.3%
Dec 06 AME 0.6% 10.0%
Dec 06 SLB 1.4% 40.0%
Dec 07 HAL 1.3% 166.7%
Dec 07 NEM 4.8% 0.0%