How Much Would It Take To Earn $100 A Month From Amcor Stock

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How Much Would It Take To Earn $100 A Month From Amcor StockHow Much Would It Take To Earn $100 A Month From Amcor Stock
How Much Would It Take To Earn $100 A Month From Amcor Stock

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Amcor plc (NYSE:AMCR), a global producer of plastic packaging primarily for the fast-moving consumer goods industry, will report its Q1 2025 earnings on October 29. Wall Street analysts expect the company to post an EPS of $0.16, the same as in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $3.52 billion, up from $3.44 billion in the year-ago period.

The 52-week range of Amcor’s stock price was $8.45 to $10.96.

Amcor’s stock dividend yield is 4.57%. During the last 12 months, it paid $0.50 per share in dividends.

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The Latest On Amcor

On Aug. 15, the company reported Q4 2024 results, posting adjusted EPS of $0.21, beating the consensus estimate of $0.20, while revenues of $3.54 billion missed the expected $3.64 billion, as reported by Benzinga. 

"In fiscal 2025, we expect volumes and earnings will grow and adjusted free cash flow will remain strong. Importantly, combined with our historical average dividend yield, growth at the midpoint of our EPS guidance range results in total value creation in line with our shareholder value creation model 10-15% range," said Amcor Interim CEO Peter Konieczny.

Following the earnings announcement, several Wall Street analysts increased their forecasts on Amcor, as covered in this piece by Benzinga.

How Can You Earn $100 Per Month As An Amcor Investor?

If you want to make $100 per month –$1,200 annually – from Amcor dividends, your investment value needs to be approximately $26,258, which is around 2,402 shares at $10.93 each.

Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (4.57% in this case). So, $1,200 / 0.0457 = $26,258 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time as a result of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Amcor stock an attractive option for earning a steady $100 per month by owning 2,402 shares of stock.

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This article How Much Would It Take To Earn $100 A Month From Amcor Stock originally appeared on Benzinga.com

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