Avery Dennison Corporation (NYSE:AVY) to Issue $1.00 Quarterly Dividend

Avery Dennison Corporation (NYSE:AVY) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 2nd will be given a dividend of 1.00 per share by the industrial products company on Wednesday, September 16th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, September 2nd.

Avery Dennison has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 15 consecutive years. Avery Dennison has a dividend payout ratio of 37.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Avery Dennison to earn $10.98 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 36.4%.

Avery Dennison Stock Performance

NYSE AVY traded down $2.48 during trading hours on Thursday, hitting $155.20. The company’s stock had a trading volume of 877,532 shares, compared to its average volume of 676,946. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The company’s 50 day simple moving average is $159.52 and its two-hundred day simple moving average is $172.01. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80. The company has a market cap of $11.87 billion, a P/E ratio of 17.50, a price-to-earnings-growth ratio of 2.77 and a beta of 0.82.

Avery Dennison (NYSE:AVY) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, sell-side analysts expect that Avery Dennison will post 10 EPS for the current fiscal year.

Avery Dennison Company Profile

Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.

The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.