Are you on the hunt for a well-performing, mid-cap dividend stock that stands apart in the Containers & Packaging sector? Get ready to meet your perfect match! This star player boasts an 18% forward payout ratio, making it a safe bet for savvy investors. And despite having a low forward yield of 1.52%, it compares well with the overall sector.
Remarkably, this pick has been consistently increasing dividends for 19 years, placing it within the top 10% of dividend stocks. Its 3-year dividend CAGR of 14% also impressively sits in the top 40%.
Looking for portfolio diversification? Its 0.80 beta indicates its monthly returns are uncorrelated to equity markets.
An estimated next payout of $0.180/shr around August 3 gives a solid reason to consider this powerhouse.
Our model portfolio carefully balances yield, dividend safety, potential returns, and risk among Materials dividend stocks. Delve into the in-depth analysis that follows for a deeper dive. This could be the dividend darling you’ve been seeking!
