How does this quarterly dividend compare to the payout policies of peer industrial packaging companies and affect relative yield?

Greif’s new quarterly payout translates to an annualized cash dividend of $2.24 per Class A share (and $3.36 for Class B). At current market prices—roughly $19‑$20 for Class A and $26‑$27 for Class B—the yield sits near 11% for the A‑shares and about 12‑13% for the B‑shares, well above the average for the industrial‑packaging sector. By comparison, peers such as International Paper (≈6% yield), WestRock (≈5%, Sealed Air (≈3%) and Amcor (≈4%) all pay lower quarterly dividends and have more modest payout ratios (typically 40‑60% of earnings). Greif’s payout appears to be in the 70‑80% range, signaling a more aggressive cash‑return policy than its rivals.

The higher relative yield makes Greif attractive to income‑focused investors and can provide a price floor, especially in a market where risk‑off sentiment favors dividend‑paying stocks. However, the sustainability of that yield hinges on Greif’s cash‑flow generation and earnings growth; a payout near the top of its earnings envelope leaves less cushion for a potential dividend cut if earnings dip. Trading implication: consider a buy‑the‑dip strategy if the stock retests short‑term support (around $17‑$18) and the company continues to post solid free cash flow, but tighten stop‑losses near the $16 level to guard against a pull‑back triggered by a dividend‑sustainability concern. Keep an eye on upcoming earnings and any guidance changes from Greif and its peers—especially if competitors announce higher payouts, which could compress Greif’s relative yield advantage.