AptarGroup Rewards Shareholders With 7% Hike in Quarterly Dividend

Core Viewpoint - AptarGroup, Inc. has announced a nearly 7% increase in its quarterly dividend, marking its commitment to returning capital to shareholders and aiming for its 32nd consecutive year of annual dividend increase [1]. Dividend Details - The new quarterly dividend will be 48 cents per share, payable on November 13, 2025, to shareholders of record as of October 23, representing a 10% increase from the previous year [2]. - This increase raises the annualized dividend to $1.92 from $1.80, resulting in a dividend yield increase from 1.3% to 1.4% [2]. - AptarGroup has a three-year dividend growth rate of 5.8% and a payout ratio of 30.7% [2]. Shareholder Returns - Over the past five years, AptarGroup has returned more than $1 billion to shareholders through dividends and share repurchases, reflecting a strong business outlook and solid financial performance [3][7]. - Comparatively, industry peer Sonoco Products Company has a quarterly dividend of 53 cents per share with a payout ratio of 39% [3]. Financial Position - As of June 30, 2025, AptarGroup had cash and cash equivalents of $162 million, maintaining a strong balance sheet to support business investments and shareholder returns [5]. - The total debt-to-total capital ratio was 0.30 as of June 30, 2025, down from 0.40 a year earlier [5]. Stock Performance - AptarGroup's stock has declined by 7.9% over the past year, which is better than the industry's decline of 10.8% [6]. Market Comparison - AptarGroup currently holds a Zacks Rank 3 (Hold), while Flowserve Corporation, a better-ranked stock in the Industrial Products sector, has a Zacks Rank 1 (Strong Buy) [8].