AptarGroup declares $0.38/share quarterly dividend

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AptarGroup is a leading global provider of dispensing, sealing and active packaging solutions. The company’s products are used in a wide range of industries, including cosmetics, fragrance, skincare, food, beverage, pharmaceutical and medical. AptarGroup’s dispensing solutions include pumps, valves and sprayers for a variety of applications. The company’s sealing solutions include closures, lids and seals for food, beverage and cosmetics containers. AptarGroup’s active packaging solutions include time-released fragrance capsules for use in personal care and home care products.

AptarGroup has announced a quarterly dividend of $0.38 per share, in line with the previous quarter. The dividend is payable on November 16 to shareholders of record on October 26, with an ex-dividend date of October 25. This dividend yields 1.63%.

Dividends

APTARGROUP ($NYSE:ATR): AptarGroup, Inc. has announced that it will be paying a quarterly dividend of $0.38 per share on its common stock. This dividend represents a 1.52% increase over the company’s previous quarterly dividend of $1.50 per share. This is also the third consecutive quarterly dividend increase for AptarGroup. The company’s dividend yields for 2020, 2021, and 2022 are 1.27%, 1.09%, and 1.22%, respectively. Its three-year average dividend yield is 1.19%.

AptarGroup is a global leader in dispensing, drug delivery and active packaging solutions. The company serves the beauty, personal care, home, food, beverage, pharmaceutical and medical device markets. AptarGroup’s products are used every day by millions of people around the world.

Stock Price

AptarGroup, Inc. , a global leader in dispensing and packaging solutions, announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per share. “We are pleased to announce another quarterly dividend increase,” said Stephan Tanda, President and CEO of AptarGroup. “Our strong cash flow and balance sheet provide us the flexibility to continue to invest in our business and return cash to shareholders through our dividend program.” AptarGroup is a global leader in dispensing and packaging solutions for the beauty, personal care, homecare, prescription drug, consumer health care, injectables and food and beverage markets.

AptarGroup’s innovative dispensing, decorative and protective packaging solutions add value to the world’s most trusted brands. AptarGroup is headquartered in Crystal Lake, Illinois, with manufacturing facilities in North America, Europe, Asia and South America. For more information, visit http://www.aptar.com.

VI Analysis

AptarGroup, Inc. is a global provider of dispensing, sealing and active packaging solutions. The company’s products are used in a wide range of industries, including food, beverage, personal care, home care, pharmaceutical and medical. AptarGroup’s products are designed to improve the quality of life for people around the world. AptarGroup’s financials reflect its long-term potential. The company has a strong balance sheet, with plenty of cash and no debt.

AptarGroup’s income statement is also healthy, with steadily increasing revenue and earnings. Based on VI’s Risk Rating, AptarGroup is a medium risk investment in terms of financial and business aspects. VI’s app has detected 1 risk warning in non financial. Register on vi.app to check it out.

VI Peers

The competition between AptarGroup Inc and Sonova Holding AG, Bruker Corp, West Pharmaceutical Services Inc is fierce. Each company is striving to be the best in the industry, and they are all constantly innovating and improving their products and services. This competition is good for consumers, as it drives down prices and forces the companies to be at the top of their game.

– Sonova Holding AG ($LTS:0QPY)

Sonova Holding AG is a world leader in providing solutions for people with hearing loss. The company has a market capitalization of 14.2 billion as of 2022 and a return on equity of 27.55%. Sonova’s products and services are available in more than 100 countries and include cochlear implants, hearing aids, wireless communication systems, and software applications. The company’s mission is to provide people with the best possible hearing solutions and to enable them to lead fulfilling lives.

– Bruker Corp ($NASDAQ:BRKR)

Bruker Corporation is a leading manufacturer of scientific instruments and solutions. The company produces a wide range of products for a variety of applications, including healthcare, industrial and scientific research, and security. Bruker’s products are used by customers around the world, and the company has a strong presence in both developed and emerging markets. The company’s market capitalization is 8.14 billion as of 2022, and its return on equity is 29.41%. Bruker is a publicly traded company, and its shares are listed on the Nasdaq Stock Market.

– West Pharmaceutical Services Inc ($NYSE:WST)

West Pharmaceutical Services Inc is a leading manufacturer of pharmaceutical packaging components and delivery systems. The company has a market cap of 18.33B as of 2022 and a Return on Equity of 20.68%. West Pharmaceutical Services Inc is a global leader in the design and manufacture of innovative, high-quality pharmaceutical packaging components and delivery systems. The company’s products are used by pharmaceutical, biotechnology and healthcare companies to improve patient safety and outcomes.

Summary

AptarGroup Inc. , a global leader in dispensing, sealing and active packaging solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per share. AptarGroup is a great dividend stock to consider investing in. With a quarterly dividend of $0.38 per share, it offers investors a decent yield. Given its solid financial position and strong cash flow generation, AptarGroup looks like a safe and reliable dividend stock that should continue to reward shareholders over the long run.