Amcor plc (ASX:AMC – Get Free Report) insider Achal Agarwal bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of A$10.10 ($6.39) per share, for a total transaction of A$101,000.00 ($63,924.05).
Amcor Stock Performance
The firm has a market capitalization of $14.46 billion, a P/E ratio of 18.05, a PEG ratio of 4.16 and a beta of 0.86. The company has a debt-to-equity ratio of 195.53, a current ratio of 1.26 and a quick ratio of 0.56.
Amcor Increases Dividend
The firm also recently declared a Interim dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be given a dividend of $0.204 per share. The ex-dividend date is Monday, February 24th. This represents a yield of 1.27%. This is an increase from Amcor’s previous Interim dividend of $0.19. Amcor’s dividend payout ratio is currently 101.32%.
About Amcor
Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments, Flexibles and Rigid Packaging. The Flexibles segment offers flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.
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