Silgan Holdings Inc. (SLGN) To Go Ex-Dividend on June 1st

Silgan Holdings Inc. (NYSE:SLGN) declared a quarterly dividend on Tuesday, May 12th. Stockholders 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) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, June 1st.

Silgan has increased its dividend by an average of 0.1%per year over the last three years and has increased 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. Research 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

NYSE SLGN opened at $39.19 on Thursday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 1.26. The firm’s 50 day moving average price is $40.69 and its 200-day moving average price is $41.67. Silgan has a 52-week low of $36.15 and a 52-week high of $57.04. The company has a market cap of $4.14 billion, a PE ratio of 14.73, a P/E/G ratio of 2.25 and a beta of 0.74.

Silgan (NYSE:SLGN) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. Silgan’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm 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. Sell-side analysts forecast that Silgan will post 3.78 EPS for the current fiscal 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.