SLGN Silgan Holdings Inc.

Silgan Increases Dividend for 14th Consecutive Year since Initiation and Declares Quarterly Dividend

Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.10 per share quarterly cash dividend on its common stock, payable on March 30, 2018 to the holders of record of the common stock of the Company on March 16, 2018. This represents approximately an 11 percent increase from last year in the Company’s quarterly cash dividend, which the Company has increased every year since it began paying cash dividends in 2004.

Silgan is a leading supplier of rigid packaging for consumer goods products with annual net sales of approximately $4.1 billion in 2017. Silgan operates 100 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading supplier of metal containers in North America and Europe for food and general line products. The Company is also a leading worldwide supplier of metal and plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products. In addition, the Company is a leading supplier of plastic containers for shelf-stable food and personal care products in North America.

EN
28/02/2018

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Reports on Silgan Holdings Inc.

Silgan Holdings Inc.: Update to credit analysis

Our credit view of this issuer reflects its non-cyclical end markets, against its leverage volatility from a growth through acquisition strategy.

Moody's affirms Silgan Holdings' Ba2 CFR; outlook positive

Moody's Investors Service (Moody's) affirmed Silgan Holdings Inc.'s (Silgan) Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default rating (PDR), and the ratings on its senior unsecured notes at Ba3. The outlook is positive. The Speculative Grade Liquidity Rating (SGL) in unchanged at SGL-...

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