SLGN Recognized as One of the Top 25 SAFE Dividend Stocks with Decades of Rising Payments
Silgan Holdings Inc Overview: Silgan Holdings Inc (SLGN) is included in the iShares S&P 1500 Index ETF and represents 0.17% of the SPDR S&P Dividend ETF, with a total value of approximately $33.3 million in shares.
Dividend Characteristics: The company is recognized in the "Dividend Channel S.A.F.E. 25" list for its solid returns, consistent dividend increases, flawless payment history, and enduring dividend payments over at least two decades.
Dividend Details: Silgan Holdings pays an annualized dividend of $0.8 per share, distributed quarterly, with the most recent ex-dividend date on September 2, 2025.
Industry Context: SLGN operates within the Metals Fabrication & Products sector, alongside other companies such as Trane Technologies plc and Carrier Global Corp.
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Silgan Holdings (SLGN) Downgraded by RBC, Price Target Cut to $43
- Rating Downgrade Impact: RBC Capital Markets downgraded Silgan Holdings (SLGN) from Outperform to Sector Perform, lowering the price target from $49 to $43, which caused the stock to drop 2.5% in the first hour of trading in New York.
- Growth Outlook Constrained: The analyst noted that Silgan faces structural challenges in its dispensing and specialty closures segment, particularly with demand softening among lower-income consumers pressured by inflation, leading to a constrained medium-term growth outlook.
- Increased Customer Volatility: RBC highlighted rising customer churn, including the impact of a large metal customer bankruptcy over the past two years, which could continue to weigh on volumes despite management's efforts to reroute lost business.
- Earnings Forecast Reduction: RBC lowered its EBITDA forecast for Silgan to $207 million for Q4 and $970 million for fiscal 2025, reflecting a reduced valuation multiple and falling below consensus estimates.
Insiders Purchase Shares of FNK ETF Holdings
Insider Buying Activity: The First Trust Mid Cap Value AlphaDEX Fund (FNK) has 10.1% of its weighted holdings showing insider buying in the last six months.
Carmax Inc. Details: Carmax Inc. (KMX), comprising 0.64% of FNK, has had two directors and officers purchase shares recently, with the ETF holding $1,277,809 worth of KMX.
Silgan Holdings Inc. Details: Silgan Holdings Inc. (SLGN), the #86 largest holding in FNK, also shows insider buying from two directors and officers, with the ETF holding $1,038,470 worth of SLGN.
General Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
