Greif raises dividends on Class A, Class B shares

Greif (GEF) announced that its board of directors has declared quarterly cash dividends of 56c per share on its Class A Common Stock, and 84c per share on its Class B Common Stock. Dividends are payable on October 1, 2025, to stockholders of record at the close of business on September 16, the company stated. “As highlighted in our 2024 Investor Day, regular dividend payments are an important part of our disciplined capital allocation framework. We are pleased to continue creating value for our shareholders by increasing our dividend and will remain diligent in executing on our holistic capital allocation strategy following the anticipated receipt of the proceeds from the Containerboard and Timberlands divestments,” said Larry Hilsheimer, Greif’s Executive Vice President and Chief Financial Officer. On July 1, Greif previously paid a quarterly cash dividend of 54c per share on its Class A Common Stock and 81c per share on its Class B Common Stock.