The packaging sector has proven resilient despite challenging economic and financial conditions. The global pivot to recycled materials, combined with the growth of direct-to-home shipping services like Amazon, suggests that packaging companies are in a solid position to reap the benefits. Our latest addition to the Best Material Dividend Stocks List is a container packaging company that pays a quarterly dividend.
Thanks to higher sales volume, strong pricing power and solid financial results, our pick offers plenty of upside potential for investors looking to diversify their portfolio with a materials play. This potential is further reinforced by our pick’s attractive dividend, which is well above the materials sector average.
To make room for our latest packaging pick, we’ve been forced to remove an industrial gas distributor from the list.
You can check out the Best Material Dividend Stocks List to explore all the stocks.
