Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Greif, Inc. is a global industrial packaging company that manufactures and services rigid and flexible packaging products used to transport, store, and protect goods. The company operates primarily within the industrial packaging, paper packaging, and container lifecycle services industries, serving customers in chemicals, petroleum, food and beverage, agriculture, pharmaceuticals, and consumer products. Greif’s core revenue drivers are steel, plastic, and fiber drums; intermediate bulk containers (IBCs); containerboard; corrugated products; and packaging-related services.
Founded in 1877 as Greif Bros. Cooperage, the company originally produced wooden barrels and gradually evolved through material and geographic expansion. Over time, Greif diversified into steel and plastic containers and paper-based packaging, positioning itself as a global supplier with integrated manufacturing and service capabilities. The company’s strategic advantages include long-standing customer relationships, a broad global manufacturing footprint, and an integrated model that combines packaging production with collection, reconditioning, and recycling services.
Business Operations
Greif operates primarily through two reportable business segments: Global Industrial Packaging and Paper Packaging & Services. Global Industrial Packaging includes rigid industrial packaging products such as steel, plastic, and fiber drums, IBCs, jerrycans, and related closure systems, as well as container lifecycle services such as reconditioning and recycling. Paper Packaging & Services focuses on containerboard, corrugated sheets, boxes, and specialty packaging products, largely supported by vertically integrated paper mills and converting facilities.
The company generates revenue through direct product sales, long-term supply agreements, and value-added services. Operations span both domestic and international markets, supported by a network of manufacturing plants, service centers, and logistics assets. Key subsidiaries include Greif Packaging LLC and Caraustar Industries LLC, the latter acquired to strengthen Greif’s paper packaging platform and recycling capabilities.
Strategic Position & Investments
Greif’s strategy emphasizes disciplined capital allocation, operational efficiency, and customer-centric solutions. Growth initiatives have focused on expanding sustainable packaging offerings, increasing recycled content, and scaling container lifecycle services that support circular economy objectives. The company has also invested in automation, digital customer platforms, and process optimization to improve margins and service reliability.
Major strategic investments include the acquisition of Caraustar Industries LLC, which significantly expanded Greif’s containerboard capacity, mill network, and recycling operations. Greif continues to evaluate portfolio optimization opportunities, including divestitures of non-core assets and reinvestment in higher-return packaging and service businesses. Its strategic direction consistently highlights sustainability, cost discipline, and organic growth in core industrial end markets.
Geographic Footprint
Greif is headquartered in Delaware, Ohio, United States, and maintains a substantial global presence across North America, Europe, Latin America, and Asia-Pacific. The company operates manufacturing and service facilities in more than 35 countries, enabling it to serve multinational customers with consistent product standards and localized support.
North America represents the largest revenue contribution, supported by extensive paper mills, converting plants, and industrial packaging sites. Europe and Latin America are significant markets for steel drums, plastic containers, and reconditioning services, while Asia-Pacific operations support regional industrial growth and export-oriented customers. Greif’s geographic diversification reduces dependence on any single market and supports global supply agreements.
Leadership & Governance
Greif is led by an experienced executive team with a strategic focus on operational excellence, safety, and sustainable growth. The company emphasizes a leadership philosophy centered on “The Greif Way,” which promotes customer focus, employee engagement, and continuous improvement.
Key executives include:
- Ole Rosgaard – President and Chief Executive Officer
- Lawrence A. Hilsheimer – Executive Vice President and Chief Financial Officer
- Bala V. Sathyanarayanan – Executive Vice President and Chief Human Resources Officer
- Kevin S. Wier – Executive Vice President and Chief Information Officer
- Timothy J. Bergwall – Senior Vice President, Global Industrial Packaging
Greif’s governance structure includes an independent board of directors that oversees strategy, risk management, and capital allocation, consistent with public company governance standards.