Ardagh Metal Packaging S.A. Declares Second Quarter Dividend

Rhea-AI Summary

Ardagh Metal Packaging S.A. (NYSE: AMBP) has announced a second-quarter cash dividend of $0.10 per ordinary share, payable on June 28, 2022, to shareholders of record on June 14, 2022. This follows a first-quarter dividend of $0.10 per share, resulting in a total payment of $0.20 on the same date. AMP plans to continue paying a quarterly dividend of $0.10 per share, indicating a projected annual dividend of $0.40 per share, equating to approximately $240 million in total cash dividends.

Positive

• Declared a second-quarter cash dividend of $0.10 per share.
• Combined dividend payment of $0.20 per share on June 28, 2022.
• Projected annual dividend of $0.40 per share representing $240 million.

Negative

• None.

LUXEMBOURG, June 1, 2022 /PRNewswire/ -- Ardagh Metal Packaging S.A. (NYSE: AMBP) announces that its board of directors has declared a second quarter cash dividend of $0.10 per ordinary share. This is payable on June 28, 2022 to shareholders of record on June 14, 2022.

AMP previously declared a first quarter dividend of $0.10 per ordinary share on April 26, 2022, which will also be paid on June 28, 2022 to shareholders of record on June 14, 2022 and will result in a combined payment of $0.20 per ordinary share on that date.

AMP intends to pay a regular quarterly dividend of $0.10 per ordinary share going forward, to be paid before the end of the relevant quarter. On a full year basis, a $0.40 dividend per ordinary share represents a cash dividend of approximately $240 million.

To view this release online and for more information about Ardagh Metal Packaging please visit: https://www.ardaghmetalpackaging.com/corporate/investors

About Ardagh Metal Packaging

Ardagh Metal Packaging ("AMP") is a leading global supplier of infinitely recyclable, sustainable, metal beverage cans and ends to brand owners. A subsidiary of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas, with innovative production capabilities. AMP operates 24 production facilities in nine countries, employing close to 5,800 employees and had sales of $4.1 billion in 2021.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

 

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SOURCE Ardagh Metal Packaging S.A.

FAQ

What is the AMBP second quarter dividend amount for 2022?

The AMBP second quarter dividend for 2022 is $0.10 per ordinary share.

When will the AMBP dividend be paid?

The AMBP dividend will be paid on June 28, 2022.

What is the total dividend payment for AMBP shareholders on June 28, 2022?

The total dividend payment for AMBP shareholders on June 28, 2022, will be $0.20 per share.

What is the projected annual dividend for AMBP?

The projected annual dividend for AMBP is $0.40 per share.