Avery Dennison Declares Dividend

Rhea-AI Summary

Avery Dennison Corporation (NYSE:AVY) has announced a quarterly cash dividend of $0.68 per share. This dividend is set to be paid on December 15, 2021, to shareholders on record as of December 1, 2021. With reported sales of $7.0 billion in 2020 and a global presence in over 50 countries, Avery Dennison specializes in materials science, offering diverse products for industries like retail and medical.

Positive

• Quarterly cash dividend of $0.68 per share indicates a commitment to returning value to shareholders.
• Strong sales of $7.0 billion in 2020 reflect a solid financial foundation.
• Global footprint with over 32,000 employees showcases significant operational scale.

Negative

• None.

GLENDALE, Calif.--(BUSINESS WIRE)-- The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.68 per share. The dividend is payable on December 15, 2021, to shareholders of record on December 1, 2021.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employed more than 32,000 employees in more than 50 countries in 2020. Reported sales in 2020 were $7.0 billion. Learn more at www.averydennison.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211028005015/en/

Media Relations

Rob Six (626) 304-2361

rob.six@averydennison.com

Investor Relations

John Eble (440) 534-6290

john.eble@averydennison.com

Source: Avery Dennison Corporation

FAQ

What is the dividend amount declared by Avery Dennison Corporation (AVY)?

Avery Dennison Corporation has declared a quarterly cash dividend of $0.68 per share.

When will the dividend be paid to shareholders of Avery Dennison Corporation (AVY)?

The dividend will be paid on December 15, 2021.

What is the record date for the dividend payment by Avery Dennison Corporation (AVY)?

The record date for the dividend payment is December 1, 2021.

How much were the reported sales for Avery Dennison Corporation (AVY) in 2020?

Avery Dennison Corporation reported sales of $7.0 billion in 2020.