Amcor Dividend
Dividend criteria checks 2/6
Amcor is a dividend paying company with a current yield of 4.79% that is well covered by earnings. Last payment was on 20th June, 2023 with an ex-dividend date of 23rd May, 2023.
Key information
4.8%
Dividend yield
74%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | 20 Jun 23 |
Ex dividend date | 23 May 23 |
Dividend per share | n/a |
Earnings per share | Mex$0.67 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AMCR N has been paying a dividend for less than 10 years.
Growing Dividend: AMCR N's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Amcor Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AMCR N) | 4.8% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.4% |
Industry Average (Packaging) | 5.2% |
Analyst forecast in 3 Years (AMCR N) | 4.9% |
Notable Dividend: AMCR N's dividend (4.79%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: AMCR N's dividend (4.79%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), AMCR N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.2%), AMCR N's dividend payments are not well covered by cash flows.