Amcor: Dividend Insights
Portfolio Pulse from Benzinga Insights
Amcor (NYSE:AMCR) has announced a quarterly dividend of 12.25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 12.25 cents lower. Shareholders who own AMCR as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on September 27, 2023.
September 01, 2023 | 2:45 pm
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Amcor's announcement of a 12.25 cents per share dividend may cause the stock to open lower on the ex-dividend date, Wednesday.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, Amcor's stock is expected to open 12.25 cents lower on Wednesday.
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