Amcor Dividend
Dividend criteria checks 3/6
Amcor is a dividend paying company with a current yield of 4.84%. Next payment date is on 11th June, 2024 with an ex-dividend date of 21st May, 2024.
Key information
4.8%
Dividend yield
110%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 11 Jun 24 |
Ex dividend date | 21 May 24 |
Dividend per share | n/a |
Earnings per share | €0.45 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AXZA has been paying a dividend for less than 10 years.
Growing Dividend: AXZA's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Amcor Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AXZA) | 4.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Packaging) | 3.4% |
Analyst forecast in 3 Years (AXZA) | 5.2% |
Notable Dividend: AXZA's dividend (4.84%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: AXZA's dividend (4.84%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.4%), AXZA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.4%), AXZA's dividend payments are covered by cash flows.