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LUXEMBOURG - Ardagh Metal Packaging S.A. (NYSE:AMBP) announced Thursday its board of directors has approved a quarterly interim dividend of $0.10 per ordinary share, maintaining its attractive 8.6% dividend yield. InvestingPro analysis shows the company offers a high shareholder yield, with 12 more key insights available to subscribers.
The dividend will be payable on August 19, 2025, to shareholders of record on August 7, 2025, according to a company press release.
Ardagh Metal Packaging is a global supplier of metal beverage cans with operations across Europe and the Americas. The company operates 23 production facilities in nine countries and employs more than 6,000 people.
The packaging manufacturer reported sales of approximately $4.9 billion in 2024. AMBP is an operating business of Ardagh Group, which specializes in sustainable packaging solutions.
The company describes its products as "sustainable and infinitely recyclable metal beverage cans" that are supplied to brand owners worldwide.
In other recent news, Citi has reiterated its Buy rating on Ardagh Metal Packaging S.A. ahead of the company’s upcoming second-quarter earnings report. The research firm maintains a price target of $5.00 for the company. Analysts at Citi anticipate that Ardagh Metal Packaging might increase its EBITDA guidance from the current range of $695-$720 million to approximately $705-$725 million. This potential adjustment reflects strong demand in North America and ongoing volume growth in Europe, alongside modest benefits from foreign exchange movements. In another development, Citi expects kraftliner prices to remain stable at $945 per ton for July, highlighting improved industry discipline. The investment bank noted a decrease in recycled grade discounting over the summer, with only 15% of Pulp & Paper Week survey respondents reporting discounting in June, down from 30% in May. These developments provide a snapshot of the current market conditions and expectations surrounding Ardagh Metal Packaging and the kraftliner industry.
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