Business Strength and Shareholder Performance
- 2019 net sales were $5.37 billion compared with $5.39 billion in 2018.
- We returned $180.0 million to shareholders in the form of dividends and share repurchases in 2019, and approximately $1.7 billion over the past ten years. We have provided quarterly dividends since 1925 and have increased dividends for 36 consecutive years, while providing shareholders a current 19.5% yield on investment.
- During 2019, Sonoco provided a 19.5% total return to shareholders*, which significantly outperformed our peers and the major indices. Our 5-year total return to shareholders of 64.2% compares favorably to a 42.2% total return by the Dow Jones Container and Packaging index.
*Cumulative stock price appreciation, plus dividends, with dividends reinvested