BMS - Bemis Company: World-Leading Packaging Company With Potential Of Transforming Into A Global Giant
Bemis Company, Inc. (BMS), a flexible packaging manufacturer based in the US, has been in the news for its all-stock merger with another Australia-based packaging manufacturer, Amcor, last announced in August 2018. Its share price had since been on an uptrend and hovering at a 5-year high.
Bemis can be viewed as a stable dividend stock, generating sufficient cash from operations for capital expenditure and able to pay out generous dividends over the last 5-year period. Bemis had engaged in share buybacks as well, returning excess cash to investors via repurchasing its own