Avery Dennison Declares Quarterly Dividend

Rhea-AI Summary

Avery Dennison Corporation (NYSE:AVY) has announced a quarterly cash dividend of $0.68 per share, set to be distributed on March 16, 2022 to shareholders recorded by March 2, 2022. This dividend reflects the company's commitment to returning value to its shareholders. Avery Dennison is a global leader in materials science, specializing in a variety of labeling and functional materials, with reported sales of $8.4 billion in 2021 and operations in over 50 countries.

Positive

• Quarterly dividend of $0.68 per share announced, showcasing commitment to shareholder value.
• Company reported sales of $8.4 billion in 2021, indicating strong financial performance.

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 March 16, 2022 to shareholders of record on March 2, 2022.

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 employs more than 35,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion. Learn more at www.averydennison.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220202006071/en/

Media Relations

Rob Six (626) 304-2361

rob.six@averydennison.com

or

Investor Relations

John Eble (440) 534-6290

john.eble@averydennison.com

Source: Avery Dennison Corporation

FAQ

When is the next dividend payment for AVY?

The next dividend payment for Avery Dennison (AVY) is scheduled for March 16, 2022.

What is the dividend amount declared by Avery Dennison?

Avery Dennison has declared a dividend amount of $0.68 per share.

What was Avery Dennison's reported sales in 2021?

Avery Dennison reported sales of $8.4 billion in 2021.

Who is eligible for the dividend payment from AVY?

Shareholders recorded by March 2, 2022, will be eligible for the dividend payment.