Silgan Holdings Inc. (SLGN) to Issue Quarterly Dividend of $0.21 on September 15th

Silgan Holdings Inc. (NYSE:SLGN) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.21 per share by the industrial products company on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st.

Silgan has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 22 consecutive years. Silgan has a payout ratio of 18.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Silgan to earn $4.09 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 20.5%.

Silgan Stock Performance

NYSE SLGN opened at $42.07 on Friday. Silgan has a fifty-two week low of $35.68 and a fifty-two week high of $49.55. The firm has a market capitalization of $4.45 billion, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 2.45 and a beta of 0.68. The stock’s fifty day moving average is $43.79 and its two-hundred day moving average is $42.22. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.80 and a current ratio of 1.27.

Silgan (NYSE:SLGN) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the company posted $1.01 EPS. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. On average, research analysts anticipate that Silgan will post 3.82 earnings per share for the current year.

About Silgan

Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.

Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.