5 Cheap Dividend Aristocrats to Buy Now

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In this article, we will be taking a look at 5 cheap dividend aristocrats to buy now. To read our detailed analysis of dividend investing, you can go directly to see the 10 Cheap Dividend Aristocrats to Buy Now.

5. Amcor plc (NYSE: AMCR)

Number of Hedge Fund Holders: 16
Dividend Yield: 3.72%
Number of Years of Consistent Dividend Increases: 10

Share Price as of August 26: $12.48

Amcor plc (NYSE: AMCR) produces packaging products for sale to the food, beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. It ranks 5th on our list of cheap dividend aristocrats to buy now and was founded in 2018.

As of this July, Macquarie’s John Purtell has an Outperform rating on shares of Amcor plc (NYSE: AMCR), an upgrade from the previous Neutral rating.

In the fiscal third quarter of 2021, Amcor plc (NYSE: AMCR) had an EPS of $0.18, beating estimates by $0.01. The company’s revenue was $3.21 billion, up 2.1% year over year and beating the previous quarter’s $3.1 billion revenue. Amcor plc (NYSE: AMCR) has gained 17% in the past 6 months and 12.48% year to date.

By the end of the second quarter of 2021, 16 hedge funds out of the 873 tracked by Insider Monkey held stakes in Amcor plc (NYSE: AMCR) worth roughly $212 million. This is compared to 16 hedge funds in the previous quarter with a total stake value of approximately $226 million.



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