Sonoco Products Named to Top 25 SAFE Dividend Stock List

Wednesday, Aug 27, 2025 7:49 am ET1min read

Sonoco Products Co. (SON) has been named to the Dividend Channel's "S.A.F.E. 25" list for its strong dividend yield of 4.5% and a track record of at least two decades of dividend growth. The company's annualized dividend is $2.12/share, paid in quarterly installments. Sonoco operates in the Packaging & Containers sector, alongside International Paper Co (IP) and Smurfit Westrock plc (SW).

In a significant move, Ramco Cements Limited (RAMCOCEM) has appointed M/s. Sriram Krishnamurthy & Co. as its Secretarial Auditors for the next five financial years, from 2025-2026 to 2029-2030. The company's board also declared a dividend of ₹2 per share for the year ended March 31, 2025, in a meeting held on August 13, 2025 [1].

The appointment of M/s. Sriram Krishnamurthy & Co. as Secretarial Auditors was a key decision made during the board meeting. The auditors will be paid a remuneration of ₹6,50,000/- (Rupees Six lakhs fifty thousand only) for the financial year 2025-2026, exclusive of GST and out-of-pocket expenses. Additionally, the board ratified the remuneration of ₹7,00,000/- for M/s. Geeyes & Co., the Cost Accountants and Cost Auditors of the company, for the same financial year [1].

The meeting also saw several resolutions being passed, including the adoption of the company's separate and consolidated audited financial statements for the year ended March 31, 2025, and the declaration of a dividend for the year 2024-2025. The dividend rate was set at ₹2/- per share, payable to shareholders as of August 6, 2025 [1].

The board also reappointed Shri. R. Dinesh as a Director, liable to retire by rotation, and reappointed M/s. Sriram Krishnamurthy & Co. as the company's Secretarial Auditors. The meeting concluded with a vote of thanks to the Chair [1].

References:
[1] https://www.tradingview.com/news/moneycontrol:a128316f0094b:0-ramco-cements-appoints-secretarial-auditors-declares-2-dividend/

Sonoco Products Named to Top 25 SAFE Dividend Stock List

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