The Institutions Box Up Dividend Growth with These Cheap StocksGraphic Packaging Holding Company and Packaging Company of America are two dividend growth stocks with high institutional support.
Shares of Graphic Packaging Holding Company (GPK) Exceed 52-Week HighGraphic Packaging Holding Company (
NYSEGPK) traded at a new 52-week high today of $24.07. So far today approximately 858,000 shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
Global Consumer Packaged Goods Market Expected to Reach $244 Billion as a Result of Higher Consumption by ConsumersPALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- - FinancialNewsMedia.com News Commentary - The consumer packaged goods (CPG) market is projected to grow at a significant rate due to the rising population rate and increasing consumer awareness. Consumer packaged goods (CPG) are daily-use items that are consumed or used in some form by the average general population. These products have to be regularly replaced with new stocks and include items such as household commodities, food & beverages, makeup & personal care products, clothes, and other essentials. The CPG industry is one of the most competitive industries globally. The products appear as simple everyday items but the extensive number of players and the large chain of products offered by them has intensified market competitiveness. A report from Zion Market Research projected that the global consumer packaged goods (CPG) market size, which was worth around USD 160.75 billion in 2022, is predicted to grow to around USD 244.92 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.40% between 2023 and 2030. The report said: “Another key aspect of the industry is that the purchase cost per item is relatively low however, the investment cost is higher since consumer packaged goods are produced in bulk and are highly vulnerable to damage if they are stored under the wrong conditions. As opposed to durable goods, consumer packaged goods have a limited lifespan and must be used within their recommended shelf life to avoid being discarded without use. The rising population rate has further amplified the demand for CPG along with other factors.” Active Companies in the industry includes: Nightfood Holdings Inc. (OTCQB: NGTF), Graphic Packaging Holding Company (
NYSEGPK), Crown Holdings, Inc.
NYSE: CCKNYSECCK)
(NASDAQ: KRTNASDAQKRT
, Packaging Corporation of America (NYSE: PKGNYSE
).
Rheonics’ InkSight wins the prestigious 2021 FTA Technical Innovation AwardFor over 20 years, the FTA Technical Innovation Award has recognized the most innovative and impactful technologies for the printing industry.
