S&P/ASX 200 Index (ASX: XJO) dividend stock Amcor PLC (ASX: AMC) is slipping today.

Shares in the global packaging giant closed yesterday trading for $14.60. In morning trade on Thursday, shares are swapping hands for $14.14 apiece, down 3.2%.

For some context, the ASX 200 is down 0.1% at this same time.

This follows the release of Amcor's third-quarter results for the three months ending 31 March (Q3 FY 2025).

Here's what investors are mulling over today.

ASX 200 dividend stock pays out again

The Amcor share price looks to be under some selling pressure after the company reported net sales for the quarter of $3.33 billion. That's 2% lower than Q3 FY 2024 on a reported basis, largely driven by an unfavourable impact related to movements in foreign exchange rates.

The ASX 200 dividend stock reported adjusted earnings before interest and tax (EBIT) of $384 million. That's 0.4% higher than last year on a comparable constant currency basis, with management citing benefits from continued strong cost performance.

Adjusted earnings per share (EPS) of 18.0 cents per share (cps) were up 5% on a comparable constant currency basis, while volumes were in line with last year as weak consumer demand offset modest share gains.

In other core financial metrics, net income for the three months came in at $196 million, with diluted EPS of 13.6 cps.

And the ASX 200 dividend stock, which pays out quarterly, declared an unfranked dividend of 19.97 Aussie cents per share. If you'd like to score that passive income, you'll need to own shares at market close on 20 May. Amcor stock trades ex-dividend on 21 May.

Amcor shares currently trade on an unfranked dividend yield of 5.5%.

Looking ahead to the full 2025 financial year, including the related impacts of the merger with Berry Global in May and June in the current fourth quarter, Amcor expects adjusted EPS of 72 cents to 74 cents per share and adjusted free cash flow of $900 million to $1.00 billion.

What did management say?

Commenting on the performance of the ASX 200 dividend stock, Amcor CEO Peter Konieczny said, "Today is a defining day for Amcor as we closed our transformational merger with Berry Global."

Konieczny added:

Through this combination, Amcor has enhanced positions in attractive categories, a broader, more complete customer offering and expanded material science and innovation capabilities. As a result, we believe we are now uniquely positioned to deliver more consistent and sustainable organic growth and further improve margins, in line with our strategy…

In fiscal 2026, before taking into account growth in the underlying business, we expect delivery of $260 million of pre-tax synergies alone to drive adjusted EPS accretion of approximately 12%.

With today's intraday slide factored in, the Amcor share price is down 2% since this time last year, not including dividends.