Top 5 Dividend Champions of 2021 (Part I)

Page 1 of 5

In this article we discuss the Top 5 Dividend Champions of 2021. If you want to read our detailed analysis of the merits of dividend investing, definition of dividend champions and their returns, go directly to 30 Dividend Champions of 2021 (Part I).

25. AptarGroup, Inc. (NYSE: ATR)

Dividend Yield: 1.01%

Illinois-based AptarGroup provides packaging services for beauty, personal care, homecare, prescription drug, food and beverage markets. The company has manufacturing operations in North America, Asia, South America and Europe. This dividend champion stock was praised by Wells Fargo in January. The firm thinks that ATR is restoring growth and profitability in the Beauty and Home segments. Wells Fargo also likes the company’s strong pipeline of products.

In their Q4 2020 Investor Letter, Upslope Capital highlighted a few stocks and AptarGroup Inc (NYSE:ATR) is one of them. Here is what Upslope Capital stated:

“Specialty packaging business focused on pumps and sprayers, with a highly profitable and growing pharma packaging unit. Steady secular grower misclassified and undervalued due to its legacy/traditional packaging businesses (Food + Beverage, Beauty + Home), which contribute 60% of sales but <30% of EBIT.”

Page 1 of 5