The Covid-19 pandemic disrupted global supply chains and placed significant pressure on various sectors of the economy. But it also created new opportunities for businesses that were in a position to capitalize on the stay-at-home trend. Packaging companies benefited from shifting consumer demand during the pandemic, including the growth of at-home consumption. Our latest reaffirmation for the Best Material Dividend Stocks List reflects this trend.
The material sector is a diverse segment of the stock market that includes various commodity-related manufacturing industries. Our pick comes from the containers and packing industry and develops both flexible packaging and rigid containers, which allows it to service the food, beverage, pharmaceutical, medical device and personal care industries.
It has a solid track record of delivering consistent dividend payments due to its strong performance in high-growth segments and emerging markets. Investors can expect their next ex-dividend payment on Wednesday, June 1 (estimated date).
You can check out the Best Material Dividend Stocks List to explore all the stocks.
