Sonoco Board Declares Regular Dividend

HARTSVILLE, S.C., April 18 /PRNewswire/ -- Sonoco's (NYSE: SON) board of directors today declared a regular dividend of $.20 per share. This 304th consecutive quarterly dividend will be payable June 8, 2001, to shareholders of record as of May 18, 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO )

"Sonoco's board of directors voted to maintain the present dividend of $.20 quarterly and stated its intent to consider an increase later this year should general economic conditions improve," said Charles W. Coker, chairman.

Sonoco, founded in 1899, is a $2.7 billion manufacturer of industrial and consumer packaging products and provider of packaging services, with 295 locations in 33 countries, serving customers in 85 nations.
SOURCE Sonoco
Web site: http: //www.sonoco.com
Photo: NewsCom: http: //www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467
CONTACT: Allan V. Cecil Vice President of Sonoco, 843-383-7524, or allan.cecil@sonoco.com
CAPTION: SNCLOGO SONOCO LOGO Sonoco Logo. (PRNewsFoto)[KC] HARTSVILLE, SC USA 10/06/1999