Greif, Inc. announces a 10.7% dividend increase, declaring $0.62 and $0.93 per share for Class A and B stocks.
Quiver AI Summary
Greif, Inc. has announced a quarterly cash dividend of $0.62 per share for its Class A Common Stock and $0.93 per share for its Class B Common Stock, following a 10.7% increase approved by the Board of Directors. This decision reflects the company's strong free cash flow, improved balance sheet, and confidence in its long-term earnings potential, according to CFO Larry Hilsheimer. The dividends will be payable on July 1, 2026, to shareholders recorded by June 17, 2026. Greif, established in 1877, operates in 35 countries, providing innovative packaging solutions while focusing on customer service and sustainability. The release also includes forward-looking statements subject to risks and uncertainties.
Potential Positives
- Greif, Inc. announced a 10.7% increase in its quarterly cash dividends, highlighting strong financial performance and free cash flow generation.
- The dividend increase reflects the company's commitment to returning value to shareholders and maintaining a disciplined capital allocation strategy.
- The company's ability to strengthen its balance sheet indicates robust financial health and confidence in long-term earnings potential.
- Dividends are set to be paid to stockholders, demonstrating Greif's commitment to rewarding its investors.
Potential Negatives
- While the company announced a dividend increase, it may raise concerns regarding its ability to sustain this growth amid potential financial risks, as highlighted in the forward-looking statements section of the release.
- The emphasis on future expectations and the inclusion of forward-looking statements suggest underlying uncertainties in the company’s performance, which could negatively impact investor confidence.
- The reliance on maintaining leverage below 2.0x may indicate that the company's financial strategy could be too conservative, potentially limiting growth opportunities or shareholder returns in the long term.
FAQ
What is the new quarterly dividend per share for Greif's Class A Common Stock?
The new quarterly dividend for Greif's Class A Common Stock is $0.62 per share.
When is the dividend payment date for Greif's shareholders?
The dividends are payable on July 1, 2026, to shareholders of record by June 17, 2026.
What percentage increase was announced for Greif's quarterly dividend?
Greif announced a 10.7% increase in its quarterly dividend.
Who made the announcement regarding the dividend increase?
The announcement was made by Larry Hilsheimer, Greif's Executive Vice President and Chief Financial Officer.
How does Greif plan to allocate its capital moving forward?
Greif plans to maintain leverage below 2.0x and invest in high-return growth opportunities while returning cash to shareholders.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GEF Revenue
$GEF had revenues of $1.1B in Q2 2026. This is a decrease of -22.58% from the same period in the prior year.
You can track GEF financials on Quiver Quantitative's GEF stock page.
You can access data on GEF stock through the Quiver Quantitative API.
$GEF Hedge Fund Activity
We have seen 127 institutional investors add shares of $GEF stock to their portfolio, and 151 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC removed 359,448 shares (-34.7%) from their portfolio in Q1 2026, for an estimated $24,108,177
- AMERICAN CENTURY COMPANIES INC added 251,162 shares (+75.0%) to their portfolio in Q1 2026, for an estimated $16,845,435
- INVESCO LTD. added 177,203 shares (+119.1%) to their portfolio in Q4 2025, for an estimated $11,996,643
- LSV ASSET MANAGEMENT removed 146,900 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,852,582
- GEODE CAPITAL MANAGEMENT, LLC added 134,504 shares (+19.4%) to their portfolio in Q1 2026, for an estimated $9,021,183
- QUBE RESEARCH & TECHNOLOGIES LTD removed 132,696 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $8,983,519
- VANGUARD GROUP INC added 121,650 shares (+4.2%) to their portfolio in Q4 2025, for an estimated $8,235,705
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$GEF Price Targets
Multiple analysts have issued price targets for $GEF recently. We have seen 2 analysts offer price targets for $GEF in the last 6 months, with a median target of $74.0.
Here are some recent targets:
- Michael Roxland from Truist Securities set a target price of $78.0 on 05/04/2026
- Gabe Hajde from Wells Fargo set a target price of $70.0 on 03/20/2026
Full Release
DELAWARE, Ohio, June 02, 2026 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.62 per share on its Class A Common Stock, and $0.93 per share on its Class B Common Stock.
"As part of our disciplined and balanced capital allocation framework, our Board has approved a 10.7% increase to our quarterly dividend," said Larry Hilsheimer, Greif’s Executive Vice President and Chief Financial Officer. "This increase reflects the continued strength of our free cash flow generation, the significant progress we have made strengthening our balance sheet, and our confidence in Greif’s long-term earnings power. We remain committed to a disciplined capital allocation approach which includes maintaining leverage below 2.0x, investing in high-return organic growth opportunities, executing opportunistic share repurchases, and returning cash to shareholders through dividends."
Dividends are payable on July 1, 2026, to stockholders of record at the close of business on June 17, 2026.
About Greif
Founded in 1877, Greif is a global leader in performance packaging located in 35 countries. The company delivers trusted, innovative, and tailored solutions that support some of the world’s most demanding and fastest-growing industries. With a commitment to legendary customer service, operational excellence, and global sustainability, Greif packages life’s essentials – and creates lasting value for its colleagues, customers, and other stakeholders. Learn more about the company’s Customized Polymer, Sustainable Fiber, Durable Metal, and Innovative Closure Solutions at www.greif.com and follow Greif on Instagram and LinkedIn .
Concerning Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other statements about future expectations, prospects, estimates and other matters that are dependent upon future events or developments. These forward-looking statements may be identified by words such as "expect," "anticipate," "intend," "plan," "believe," "will," "should," "could," "would," "project," "continue," "likely," and similar expressions, and include statements reflecting future results, trends or guidance and statements of outlook. All forward-looking statements are based on assumptions, expectations and other information currently available to management. All forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those forecasted, projected or anticipated, whether expressed or implied. Greif is subject to additional risks and uncertainties described in its Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports. Except to the extent required by applicable law, Greif undertakes no obligation to update or revise any forward-looking statement.
Contact:
Bill D’Onofrio
614-499-7233
[email protected]
