|8-KFeb 24, 4:32 PM ET

SILGAN HOLDINGS INC 8-K

Research Summary

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Updated

Silgan Holdings Inc. Announces Quarterly Dividend Increase to $0.21

What Happened

  • Silgan Holdings Inc. (SLGN) filed a Form 8-K on February 24, 2026 announcing its Board approved a quarterly cash dividend of $0.21 per share, a 5% increase versus the prior-year quarterly dividend.
  • The dividend was declared for common stock, with a record date of March 17, 2026 and a payment date of March 31, 2026. The company attached a press release as Exhibit 99.1 to the filing.

Key Details

  • Dividend amount: $0.21 per share (quarterly).
  • Increase: 5% higher than the comparable quarterly dividend last year.
  • Record date: March 17, 2026.
  • Payment date: March 31, 2026.
  • 8-K filed: February 24, 2026 (press release included as Exhibit 99.1).

Why It Matters

  • A dividend increase is a direct return of cash to shareholders and may signal the Board’s confidence in the company’s near-term cash flow and capital allocation priorities.
  • For income-focused investors, the higher quarterly payout increases current cash yield; shareholders of record on March 17, 2026 will receive the March 31 payment.
  • This item is procedural (dividend declaration) rather than a change in management or reported financial results; investors should weigh this alongside Silgan’s broader financial reports and outlook.