Cheap Dividend Stocks With Consistent Payouts: Where Amcor (AMCR) Fits in

Amcor plc (NYSE:AMCR) is included among the 13 Incredibly Cheap Dividend Stocks to Invest in.

Amcor (AMCR) Offers Steady Dividends at an Affordable Price Point

Amcor plc (NYSE:AMCR), a global packaging leader, is shifting its focus from traditional commodity plastics to higher-margin healthcare and hygiene markets through an all-stock merger with Berry Global. The $13.8 billion deal, which includes more than $7 billion in assumed debt, makes Amcor the world’s largest flexible plastics company, raising its global market share to about 7% and giving it stronger bargaining power with resin and film suppliers.

The healthcare and hygiene segments offer more durable growth, with a compound annual growth rate of 3–4%, while also lifting margins — healthcare nonwovens alone generate around 19% EBITDA. Meanwhile, Amcor plc (NYSE:AMCR)’s core flexible plastics and rigid packaging divisions remain essential to major FMCG companies such as Nestlé, Procter & Gamble, and Johnson & Johnson, who value its scale, dependability, and integrated offerings that are difficult for rivals to match.

On August 17, Amcor plc (NYSE:AMCR) declared a quarterly dividend of $0.1275 per share, which was in line with its previous dividend. Overall, the company has raised its payouts for 41 years in a row. With a dividend yield of 6.17%, as of September 19, AMCR is one of the best dividend stocks to buy.

While we acknowledge the potential of AMCR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMCR and that has a 100x upside potential, check out our report about the cheapest AI stock.

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