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

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

Avery Dennison has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 15 years. Avery Dennison has a payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings. 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 Trading Down 1.6%

NYSE:AVY opened at $155.20 on Friday. Avery Dennison has a 12 month low of $152.42 and a 12 month high of $199.54. The company has a current ratio of 1.15, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. The firm’s 50 day moving average is $159.44 and its 200 day moving average is $171.82. The stock has a market capitalization of $11.87 billion, a PE ratio of 17.50, a price-to-earnings-growth ratio of 2.80 and a beta of 0.82.

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