Avery Dennison Corporation (AVY) To Go Ex-Dividend on June 3rd

Avery Dennison Corporation (NYSE:AVY) declared a quarterly dividend on Thursday, April 30th. Investors of record on Wednesday, June 3rd will be given a dividend of 1.00 per share by the industrial products company on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a 6.4% increase from Avery Dennison’s previous quarterly dividend of $0.94.

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 payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Avery Dennison to earn $11.03 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 36.3%.

Avery Dennison Trading Up 0.1%

NYSE:AVY opened at $159.25 on Monday. Avery Dennison has a 12-month low of $152.68 and a 12-month high of $199.54. The firm has a market capitalization of $12.18 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.74 and a beta of 0.82. 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 business has a 50 day simple moving average of $165.42 and a 200 day simple moving average of $176.53.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the firm posted $2.30 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities research analysts predict that Avery Dennison will post 10.05 EPS for the current year.

About Avery Dennison

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.