Amcor plc
AMCRConsumer Cyclical · Stock · quarterly payer
Forward Yield
6.05%
Annual Dividend
$2.60
Payout Ratio
109%
5-Yr Growth
2.1%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Amcor plc (AMCR) yields 6.05% ($2.60 per share annually), with a blended fair-value estimate of $54.39 — +20% upside, so it screens as undervalued. Dividend safety grade: C (55/100). 5 years of dividend growth.
Is AMCR a good dividend stock?
MixedAmcor plc (AMCR) pays a quarterly dividend yielding 6.05% ($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 (109%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.05%
- Payout Ratio
- 109%
- Annual Dividend
- $2.60
- 5-Yr Avg Growth
- 2.1%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.59
- Market Cap
- $19.6B
- P/E Ratio
- 18.1
- 5-Yr Total Return
- -27%
- 52-Week Range
- $36.25 – $50.94
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
AMCR Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
-8%
5 Years
-27%
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?
Undervaluedmedium confidenceOur blended fair-value estimate for Amcor plc is $54.39 per share, versus a market price of $45.15. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$54.39
Current Price
$45.15
Upside
+20%
Margin of Safety
17%
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 14.9% annual free-cash-flow growth. We model 10.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 10.5% stage-1 growth, 2.5% terminal growth, $2.38 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 |
|---|---|---|---|
| Sep 4, 2026 | — | $0.6500 | regular |
| May 28, 2026 | — | $0.6500 | regular |
| Feb 25, 2026 | — | $0.6500 | regular |
| Nov 28, 2025 | — | $0.6500 | regular |
| Sep 5, 2025 | — | $0.6400 | 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 |
Income Calculator
At $2.60 / yr per share
