Amcor plc
AMCRConsumer Cyclical · Stock · quarterly payer
Forward Yield
5.57%
Annual Dividend
$2.60
Payout Ratio
109%
5-Yr Growth
2.0%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Amcor plc (AMCR) yields 5.57% ($2.60 per share annually), with a blended fair-value estimate of $59.51 — +28% upside, so it screens as undervalued. 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 5.57% ($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
- 5.57%
- Payout Ratio
- 109%
- Annual Dividend
- $2.60
- 5-Yr Avg Growth
- 2.0%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.59
- Market Cap
- $21.2B
- P/E Ratio
- 19.3
- 5-Yr Total Return
- -19%
- 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
+14%
3 Years
+2%
5 Years
-19%
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 $59.51 per share, versus a market price of $46.67. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$59.51
Current Price
$46.67
Upside
+28%
Margin of Safety
22%
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 15.4% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.3% discount rate (CAPM), 12.0% stage-1 growth, 2.5% terminal growth, $2.39 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
