Company News Summary | 18 Apr 2019
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Amcor Announces Pro-Rata Dividend Payment Prior to Completion of Bemis Transaction
07:43:00 | Associate analysts
Original annuncemenet:AMCOR LTD ANNOUNCES PRO-RATA DIVIDEND
Amcor announced a pro-rata FY 2019 final dividend of 12.0 US cps, to cover the March 2019 quarter. New Amcor (Amcor plc) will declare its inaugural quarterly dividend for the June 2019 quarter at a date to be determined, after the Bemis transaction has completed. As previously announced, the Bemis transaction is expected to complete on 15 May 2019. This pro-rata final dividend follows the 17 April 2019 announcement by Bemis regarding a normal quarterly cash dividend to be paid to Bemis shareholders, and aligns the periods over which dividends have been paid to both the Company and Bemis shareholders prior to the combination of the two companies.
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