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

Silgan Holdings Inc. (NYSE:SLGN) declared a quarterly dividend on Tuesday, May 12th. Stockholders of record on Monday, June 1st will be paid 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 2.2%. The ex-dividend date is Monday, June 1st.

Silgan has increased its dividend by an average of 0.1%annually 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. Equities 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

Shares of SLGN traded down $0.28 during mid-day trading on Wednesday, hitting $39.03. The company’s stock had a trading volume of 230,059 shares, compared to its average volume of 898,518. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. Silgan has a 1-year low of $36.15 and a 1-year high of $57.04. The firm has a market capitalization of $4.12 billion, a P/E ratio of 14.67, a P/E/G ratio of 2.27 and a beta of 0.74. The firm has a 50-day simple moving average of $40.88 and a 200 day simple moving average of $41.71.

Silgan (NYSE:SLGN) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a return on equity of 17.22% and a net margin of 4.31%.Silgan’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. 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.