NYSE GEF.B

Change: +5.24% +1.94
Volume: 30,292 July 10, 2020
Price: 39.00

NYSE GEF

Change: +5.22% +1.71
Volume: 167,379 July 10, 2020
Price: 34.46

Second Quarter 2005 Dividends Increase

06/01/2005

Greif, Inc. Announces Quarterly Dividend Increase

DELAWARE, Ohio (June 1, 2005) – The Board of Directors of Greif, Inc., (NYSE: GEF, GEF.B) today declared quarterly cash dividends of $0.24 per share of Class A Common Stock and $0.36 per share of Class B Common Stock. This represents an increase of 50 percent over the dividends declared last quarter.

The dividends are payable on July 1, 2005, to shareholders of record at close of business on June 17, 2005.

“The implementation of the Greif Business System throughout the company, in parallel with other strategic business activities, has contributed to a significantly positive cash flow for the company,” said Greif Chairman and Chief Executive Officer Michael J. Gasser. “Although the Board and management remain committed to paying down debt, we are also committed to rewarding our shareholders. This unprecedented increase does that.”

Contact

Matt Eichmann Vice President,
Investor Relations and Corporate Communications
Greif, Inc.
Office: (740) 549-6067

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