Amcor Plc (ASX: AMC)
Share price – $ 14.700
Annual dividend yield - 5.41%
Dividend Pay date - 10 Jun 2025
Dividend amount per share - $0.127 (USD)
Franking – 0%
Dividend ex-date - 21 May 2025
Market cap – $20.95B
As of 19 May 2025
Amcor Plc (ASX: AMC) has announced its 3Q result for the year ending March 31, 2025. Net sales amounted to $3,333 million down 2% on the prior year. The decrease was largely caused by foreign exchange and a modest price/mix decline. Volumes were stable with modest growth in core categories. Adjusted EBIT for the period came in at $384 million. Adjusted EPS for the company rose by 5% coming in at 18.0 cps The adjusted EBIT margin also remained robust at 11.5% consistent with the last quarter.
For the first 9 months of fiscal 2025, AMC achieved net sales of $9,927 million, a 2% decline from the same period last year. On a constant currency basis, sales were stable. Volumes grew by 1% while price/mix had a slight unfavorable impact. Adjusted EBIT rose 3% to $1,112M due to higher volumes and solid cost control. The company’s adjusted EPS for the year-to-date period increased by 5% reaching 50.3 cps. The adjusted EBIT margin improved slightly to 11.2%.
Amcor also declared a quarterly dividend of 12.75 cps, up from 12.5 cents last year. This dividend will be paid in US dollars to shareholders trading on the NYSE. The dividend record date is 22 May 2025 and payment will be made on 10 June 2025. The company’s fiscal 2025 guidance includes adjusted EPS in the range of 72-74 cps and an estimated adjusted free cash flow of $900-1,000 million.
GrainCorp Ltd (ASX: GNC)
Share price – $ 7.530
Annual dividend yield - 6.09%
Dividend Pay date - 17 Jul 2025
Dividend amount per share - $0.240
Franking – 100%
Dividend ex-date - 02 Jul 2025
Market cap - $1.74B
As of 19 May 2025
GrainCorp Limited (ASX: GNC) recorded good results for the half year to March 31, 2025. Underlying EBITDA of $202 million is up from $164 million last year. Net Profit After Tax of $58 million is up from $50 million in 1H24 and underlying NPAT was up at $69 million from $57 million. The firm was helped by good harvest on the east coast of Australia predominantly in Queensland and Northern NSW, notwithstanding poor conditions in Victoria and Southern NSW. The agribusiness division experienced better performance aided by greater production and exports of chickpeas and canola seed.
The Nutrition and Energy division achieved a steady EBITDA of $75M in line with the previous year. This performance was driven by strong operational efficiencies and record canola seed crush. Though, lower crush margins impacted overall results especially with reduced domestic canola supply in Victoria and weaker global vegetable oil demand. Animal Nutrition sales increased by 16% due to stronger milk prices in New Zealand and drier conditions. The acquisition of XFA contributed positively to the division's performance, exceeding expectations.
The company announced an interim dividend of 24 cents a share fully franked made up of 14 cents as an ordinary dividend and 10 cents as a special dividend. The dividend will be paid on 17 July 2025 to record holder of shares on 03 July 2025. GNC also boosted its on market share buy-back program to $75 million from $50 million. Even though global trade challenges, GNC remains well placed to manage risks and capitalize on new opportunities with a solid balance sheet and strategic operational flexibility.
(Source: Company Announcements)
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