Amcor plc
AMCRConsumer Cyclical · Stock · quarterly payer
Forward Yield
5.92%
Annual Dividend
$2.60
Payout Ratio
207%
5-Yr Growth
2.0%
Ex-Date
May 28, 2026
Frequency
Quarterly
Summary
As of July 2026, Amcor plc (AMCR) yields 5.92% ($2.60 per share annually), with a blended fair-value estimate of $34.30 — -22% downside, so it screens as overvalued. Dividend safety grade: C (53/100). 5 years of dividend growth.
Is AMCR a good dividend stock?
MixedAmcor plc (AMCR) pays a quarterly dividend yielding 5.92% ($2.60/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2020
- Elevated payout ratio (207%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.92%
- Payout Ratio
- 207%
- Annual Dividend
- $2.60
- 5-Yr Avg Growth
- 2.0%
- Ex-Dividend Date
- May 28, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.61
- Market Cap
- $20.0B
- P/E Ratio
- 35.4
- 5-Yr Total Return
- -32%
- 52-Week Range
- $36.25 – $50.94
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
AMCR Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
-10%
5 Years
-32%
52-Week Range
$36.25 – $50.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AMCR worth?
Overvaluedlow confidenceOur blended fair-value estimate for Amcor plc is $34.30 per share, versus a market price of $43.94. That implies 22% of downside.
Fair Value
$34.30
Current Price
$43.94
Downside
-22%
Margin of Safety
-28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.4% discount rate (CAPM), 8.3% stage-1 growth, 2.5% terminal growth, $1.24 EPS, $2.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AMCR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 28, 2026 | — | $0.6500 | regular |
| Feb 25, 2026 | — | $0.6500 | regular |
| May 22, 2025 | — | $0.6400 | regular |
| Feb 26, 2025 | — | $0.6400 | regular |
| Nov 21, 2024 | — | $0.6400 | regular |
| Sep 6, 2024 | — | $0.6250 | regular |
| May 21, 2024 | — | $0.6250 | regular |
| Feb 27, 2024 | — | $0.6250 | regular |
| Nov 21, 2023 | — | $0.6250 | regular |
| Sep 6, 2023 | — | $0.6150 | regular |
| May 23, 2023 | — | $0.6150 | regular |
| Feb 28, 2023 | — | $0.6150 | regular |
| Nov 22, 2022 | — | $0.6150 | regular |
| Sep 7, 2022 | — | $0.6000 | regular |
Income Calculator
At $2.60 / yr per share
