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Avery Dennison Corporation (NYSE:AVY) has announced a quarterly cash dividend of $0.75 per share. This dividend is scheduled for payment on March 15, 2023, to shareholders of record as of March 1, 2023. The company reported sales of $9.0 billion in 2022, demonstrating its strong market presence in the materials science and digital identification sectors. Avery Dennison serves diverse industries such as home care, apparel, logistics, and pharmaceuticals, employing approximately 36,000 people across more than 50 countries.
Positive
Declaring a quarterly cash dividend of $0.75 per share enhances shareholder income.
Strong sales reported at $9.0 billion in 2022 indicates robust business performance.
Negative
None.
MENTOR, Ohio--(BUSINESS WIRE)--
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.75 per share. The dividend is payable on March 15, 2023, to shareholders of record on March 1, 2023.
About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company that provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and a variety of converted products and solutions. The company designs and manufactures a wide range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers’ product performance. The company serves an array of industries worldwide, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2022 were $9.0 billion. Learn more at www.averydennison.com.
