The materials sector isn’t particularly known for having an abundant selection of growth stocks. Then the Covid-19 pandemic came along and reaffirmed the necessity of containers and packing producers – opening up new opportunities for these companies. Although most packaging producers do not classify as growth stocks, our latest reaffirmation in the Best Materials Dividend Stocks List has all the ingredients for above-average financial performance in the short-to-medium term, having already generated a price return of 4.4% since making it to the list on December 14, 2021.
Thanks to an abundance of growth features, including cash flow, earnings and rising prices, our pick is well-positioned to continue delivering shareholder value. While our pick isn’t known for dividend growth, it has produced 30+ years of consecutive dividend payments, which is an attractive sign for income investors. By comparison, the median for the materials sector is 12 years of consecutive dividend payouts.
The company has posted impressive historical per-share earnings, but the real value lies in its expected earnings. According to analysts, our pick has expected per-share earnings growth of 36% this year, which is more than double the materials sector average.
You can check out the Best Material Dividend Stocks List to explore all the stocks.
