Silgan Holdings Inc. (NYSE:SLGN) to Issue Quarterly Dividend of $0.21

Silgan Holdings Inc. (NYSE:SLGN) declared a quarterly dividend on Tuesday, May 12th. Investors of record on Monday, June 1st will be given a dividend of 0.21 per share by the industrial products company on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, June 1st.

Silgan has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 22 years. Silgan has a dividend payout ratio of 18.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Silgan to earn $4.07 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 20.6%.

Silgan Price Performance

Shares of SLGN stock traded down $0.27 during trading on Wednesday, hitting $39.04. The company had a trading volume of 239,270 shares, compared to its average volume of 898,974. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 1.58. The stock’s 50-day moving average is $40.88 and its two-hundred day moving average is $41.71. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 2.27 and a beta of 0.74. Silgan has a 52 week low of $36.15 and a 52 week high of $57.04.

Silgan (NYSE:SLGN) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. Silgan’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. As a group, analysts predict that Silgan will post 3.78 EPS for the current fiscal year.

Silgan Company Profile

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.