20 Best Dividend Growth Stocks with High Yields

6. Amcor plc (NYSE:AMCR)

Dividend Yield as of May 13: 5.59%

Amcor plc (NYSE:AMCR) is an Australian packaging company. It recently completed its all-stock merger with Berry Global, strengthening its standing as a global leader in packaging solutions for consumer and healthcare markets. The deal brings together advanced material science and innovation expertise, positioning the company to drive product innovation and support sustainability goals. With $650 million in expected synergies and new avenues for growth, Amcor aims to deliver strong value for both its customers and shareholders in the near and long term.

In fiscal Q3 2025, Amcor plc (NYSE:AMCR) reported revenue of $3.33 billion, which showed a 2% decline from the same period last year. Overall volumes remained consistent with the previous year, as subdued consumer demand was balanced by slight gains in market share. Regionally, North America saw a general decline in volumes compared to the prior quarter, including in the beverage segment. For fiscal 2026, the company anticipates that $260 million in pre-tax synergies—excluding any growth from the core business—will contribute to an estimated 12% increase in adjusted earnings per share.

In the first nine months of 2025, Amcor plc (NYSE:AMCR) generated $276 million in operating cash flow. The company had over $2 billion available in cash and cash equivalents, up from $588 million in the prior-year period. It currently offers a quarterly dividend of $0.1275 per share and has a dividend yield of 5.59%, as of May 13. It is one of the best dividend stocks as the company has raised its payouts for 41 consecutive years.