DividendJun 2, 2026, 09:09 AM
Greif Increases Quarterly Dividend by 10.7%
AI Summary
Greif, Inc. announced its Board of Directors declared quarterly cash dividends of $0.62 per share on its Class A Common Stock and $0.93 per share on its Class B Common Stock. This represents a 10.7% increase, reflecting the company's continued strong free cash flow generation, strengthened balance sheet, and confidence in long-term earnings power. Greif remains committed to a disciplined capital allocation approach, including maintaining leverage below 2.0x, investing in organic growth, executing opportunistic share repurchases, and returning cash to shareholders.
Key Highlights
- Quarterly cash dividend on Class A Common Stock increased to $0.62 per share.
- Quarterly cash dividend on Class B Common Stock increased to $0.93 per share.
- Overall quarterly dividend increased by 10.7%.
- Dividends are payable on July 1, 2026.
- Record date for dividends is June 17, 2026.
- Company committed to maintaining leverage below 2.0x.
- Company committed to investing in high-return organic growth opportunities.
- Company committed to executing opportunistic share repurchases.
Price Impact
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