Amcor Limited (ASX:AMC) Announces Interim Dividend of $0.17

Amcor Limited (ASX:AMC) announced a interim dividend on Monday, November 11th, MarketIndexAU reports. Investors of record on Tuesday, December 17th will be given a dividend of 0.167 per share on Tuesday, December 17th. This represents a yield of 1.16%. The ex-dividend date is Wednesday, November 27th.

AMC traded down A$0.07 ($0.05) during trading hours on Tuesday, hitting A$14.38 ($10.20). The company’s stock had a trading volume of 3,990,372 shares, compared to its average volume of 4,100,000. Amcor has a fifty-two week low of A$12.83 ($9.10) and a fifty-two week high of A$16.74 ($11.87). The company has a current ratio of 1.19, a quick ratio of 0.59 and a debt-to-equity ratio of 115.87. The firm has a market capitalization of $23.22 billion and a PE ratio of 46.99. The company has a 50-day simple moving average of A$14.12 and a 200 day simple moving average of A$15.34.

About Amcor

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications.

Further Reading: Hold Rating

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