Zürich-based Amcor plc (AMCR), a packaging industry heavyweight and the S&P 500 constituent that emerged in 2019 after the merger of U.S. company Bemis and Australian Amcor Limited, pays a quarterly dividend of $0.115 per share that specifies a ~4.4% dividend yield.
In my opinion, the company’s exposure to non-cyclical end-markets like the consumer non-durables coupled with cost-savings that the merger brought secures resilient EPS growth and improvement in the net operating cash flow and FCF. In this regard, the possibility of the dividend reduction is low. The Bullish Quant Rating bolstered by