{"id":688003,"date":"2022-09-22T08:09:16","date_gmt":"2022-09-22T12:09:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock\/"},"modified":"2022-09-22T08:09:16","modified_gmt":"2022-09-22T12:09:16","slug":"graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock\/","title":{"rendered":"Graphic Packaging Holding Company Announces 33% Quarterly Dividend Increase to $0.10 Per Share of Common Stock"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">ATLANTA<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 22, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Graphic Packaging Holding Company (NYSE: GPK), (the &#8220;Company&#8221;), announced today that its Board of Directors voted to increase the quarterly dividend to <span class=\"xn-money\">$0.10<\/span> per share of common stock, a 33% increase from the prior quarterly dividend of <span class=\"xn-money\">$0.075<\/span>. The dividend is payable on <span class=\"xn-chron\">January 5, 2023<\/span>, to common stockholders of record at the close of business on <span class=\"xn-chron\">December 15, 2022<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/997828\/Graphic_Packaging_International_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/997828\/Graphic_Packaging_International_Logo.jpg\" title=\"Graphic Packaging International Logo (PRNewsfoto\/Graphic Packaging Holding Compa)\" alt=\"Graphic Packaging International Logo (PRNewsfoto\/Graphic Packaging Holding Compa)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Company initiated a dividend program in <span class=\"xn-chron\">February 2015<\/span> as part of a capital allocation plan that also included a <span class=\"xn-money\">$250 million<\/span> share repurchase program. The Board of Directors declared one additional dividend increase from the original <span class=\"xn-money\">$0.05<\/span> per share quarterly dividend in <span class=\"xn-chron\">October 2016<\/span>.<\/p>\n<p>\n        <span class=\"xn-person\">Michael Doss<\/span>, the Company&#8217;s President and CEO said, &#8220;Strategic investments and operational execution by our teams has allowed us to continue to meet higher demand for fiber-based consumer packaging. Our low-cost production platform positions us uniquely to capture profitable growth and earn solid returns for stakeholders. With the progress to date achieving our Vision 2025 goals, the Board of Directors has approved a 33% increase to our quarterly dividend. We will continue to execute a balanced approach to capital allocation investing for future growth while returning capital to stockholders.&#8221;<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>About Graphic Packaging Holding Company<\/b>\n      <\/div>\n<p>Graphic Packaging Holding Company (NYSE: GPK), headquartered in <span class=\"xn-location\">Atlanta, Georgia<\/span>, is committed to providing consumer packaging that makes a world of difference. The Company is a leading provider of sustainable fiber-based packaging solutions to the world&#8217;s most widely-recognized food, beverage, foodservice and other consumer products companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and fiber-based foodservice products in <span class=\"xn-location\">the United States<\/span> and <span class=\"xn-location\">Europe<\/span>, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. Additional information about Graphic Packaging, its business and its products is available at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3656116-1&amp;h=3382409118&amp;u=http%3A%2F%2Fwww.graphicpkg.com%2F&amp;a=www.graphicpkg.com\" target=\"_blank\" rel=\"nofollow noopener\">www.graphicpkg.com<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL81034&amp;sd=2022-09-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock-301630895.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock-301630895.html<\/a><\/p>\n<p>SOURCE  Graphic Packaging Holding Company<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL81034&amp;Transmission_Id=202209220800PR_NEWS_USPR_____CL81034&amp;DateId=20220922\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ATLANTA , Sept. 22, 2022 \/PRNewswire\/ &#8212; Graphic Packaging Holding Company (NYSE: GPK), (the &#8220;Company&#8221;), announced today that its Board of Directors voted to increase the quarterly dividend to $0.10 per share of common stock, a 33% increase from the prior quarterly dividend of $0.075. The dividend is payable on January 5, 2023, to common stockholders of record at the close of business on December 15, 2022. The Company initiated a dividend program in February 2015 as part of a capital allocation plan that also included a $250 million share repurchase program. The Board of Directors declared one additional dividend increase from the original $0.05 per share quarterly dividend in October 2016. Michael Doss, the Company&#8217;s President and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Graphic Packaging Holding Company Announces 33% Quarterly Dividend Increase to $0.10 Per Share of Common Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688003","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Graphic Packaging Holding Company Announces 33% Quarterly Dividend Increase to $0.10 Per Share of Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/graphic-packaging-holding-company-announces-33-quarterly-dividend-increase-to-0-10-per-share-of-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Graphic Packaging Holding Company Announces 33% Quarterly Dividend Increase to $0.10 Per Share of Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ATLANTA , Sept. 22, 2022 \/PRNewswire\/ &#8212; Graphic Packaging Holding Company (NYSE: GPK), (the &#8220;Company&#8221;), announced today that its Board of Directors voted to increase the quarterly dividend to $0.10 per share of common stock, a 33% increase from the prior quarterly dividend of $0.075. The dividend is payable on January 5, 2023, to common stockholders of record at the close of business on December 15, 2022. The Company initiated a dividend program in February 2015 as part of a capital allocation plan that also included a $250 million share repurchase program. The Board of Directors declared one additional dividend increase from the original $0.05 per share quarterly dividend in October 2016. 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