Key Details
Price
$9.45Last Dividend
$0.13Annual ROE
18.15%Beta
0.44Events Calendar
Next earnings date:
Feb 06, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Aug 15, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Nov 21, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
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Institutional Ownership
I really like stocks that offer high dividends and frequently buy back their own shares. Here, I present three dividend stocks that fit these requirements. I explain why they are great investment options at the moment.
In the fiscal year 2024, AMCR's joint venture has total sales of about $190 million and an adjusted EBIT of around $19 million.
ZURICH, Dec. 30, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a leading company in creating sustainable packaging solutions, announced that it has sold its 50% stake in Bericap North America (BCNA) for $122 million on December 27, using the money to pay down debt. In fiscal 2024, the joint venture generated around $190 million in total sales and had an adjusted EBIT of about $19 million, both of which were fully included in Amcor's Rigid Packaging division.
Investors seeking stable companies that offer high dividends are attracted to the Dividend Aristocrats, and there are valid reasons for this.
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group LLC, along with its affiliates, has shared a favorable investment outlook on Amcor plc (NYSE: AMCR; ASX: AMC) during the Bloomberg Activism Forum, presented by James Chadwick, President of Ancora Alternatives LLC. This comes after Amcor announced its merger with Berry Global Group, Inc. (NYSE: BERY), which is anticipated to be finalized by mid-next year. The presentation is available for viewing.
Overall, high-yield stocks have mostly remained stable in the last month. Yet, some specific stocks in this sector have performed very well, while others have faced difficulties. This situation presents chances for value investors to benefit.
AMCR and Kolon are collaborating to offer customers new and more eco-friendly packaging options, which include materials made from recycled products.
J.P. Morgan analysts have resumed their coverage of Berry Global Group (NYSE: BERY) and given it an Overweight rating, along with a price target of $76. They highlighted the attractive value of the recently announced merger with Amcor PLC (NYSE: AMCR).
Amcor (AMCR) has agreed to buy its competitor, Berry Global Group (BERY), in an all-stock deal worth $8.4 billion.
Amcor's purchase supports recent predictions from Wall Street bankers that big mergers for growth will happen more often. This trend shows that companies are looking to join forces to increase their size and influence.
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