AMBP - Ardagh Metal Packaging Became A Dividend Stock Overnight With An Anticipated 8%+ Dividend Yield
- Ardagh Metal Packaging is the third-largest producer of aluminum beverage cans in the world.
- The entire sector is on fire as supply cannot keep up with the existing demand and expected demand increases.
- The Big Three are adding capacity as fast as they can, but an equilibrium will likely not be reached before 2025.
- Applying a multiple of 12 to the expected 2023 EBITDA results in a fair value of $13, that's an upside potential of 70%.
- The downside risk appears to be limited as income investors may pick up the stock to take advantage of the anticipated 8%+ yield.
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Ardagh Metal Packaging Became A Dividend Stock Overnight With An Anticipated 8%+ Dividend Yield