Amcor Plc (AMCR) has demonstrated significant
dividend growth over the recent years, consistently positioning it as a top dividend-paying stock under $10 and $20. Despite concerns of
low trade volume and potential dips, the company remains a favourite among insiders and institutional shareholders. Notably,
institutional shareholders own 65% of the company's stocks. The company's strong historical performance and affordable share prices keep it in high regard among
value investors as well. Amcor has successfully completed its merger with
Berry Global, a move that was overwhelmingly approved by shareholders, and has raised a significant $2.2B in funds for this acquisition. After this merger, Amcor's earnings reflect significant synergies and strong potential for growth. Securing
US antitrust clearance, the company is now one of the leading consumer and healthcare packaging solutions globally. Despite drawing attention from short sellers and underperforming the Dow recently, analysts are largely bullish with Wall Street's continued focus on AMCR's dividend performance.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Sat, 31 May 2025 13:55:01 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -4
