Amcor shares under $40 offer nearly 6% yield amid strong dividend growth and synergy gains post-Berry acquisition.

Amcor, a global leader in consumer packaging, trades below $40 despite its defensive market position and steady dividend increases. The company recently completed a major acquisition of Berry Global, boosting its revenue platform to $23 billion and targeting significant cost synergies. Amcor offers a forward dividend yield near 5.87%, with management raising payouts nearly 2% year-over-year and maintaining strong earnings growth guidance. While leverage and macroeconomic risks exist, analysts see upside with price targets above current levels, making Amcor attractive for income-focused investors seeking stable cash flow at a discount.