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Avery Dennison Corporation (NYSE:AVY) has announced a quarterly cash dividend of $0.75 per share, set to be paid on December 21, 2022. Shareholders of record on December 7, 2022 will receive the dividend. Avery Dennison is a global leader in materials science, focusing on the development of labeling and functional materials across various industries. The company reported $8.4 billion in sales for 2021 and employs approximately 36,000 people in over 50 countries.
Positive
Quarterly cash dividend of $0.75 per share enhances shareholder income.
Avery Dennison's established sales of $8.4 billion in 2021 demonstrates strong market position.
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 December 21, 2022, to shareholders of record on December 7, 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 and solutions, 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. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion. Learn more at www.averydennison.com.