Avery Dennison's last quarterly dividend payment of $0.81 per share was made to shareholders on record before Mar 5, 2024. At an annualized rate of $3.24 per share, the stock yields 1.49%.
AVY has a dividend yield of 1.49% which is above the Industrials sector average but below the industry average. But compared to its Industrials sector average of 1.42%, Avery Dennison's dividend yield is only 4.9% higher. Historically AVY's dividend yield has averaged at 1.6% in the last 5 years, which is above the current yield.
Avery Dennison has been paying dividends for the last 30 years. According to our records AVY has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 5, 2024 | Mar 20, 2024 | Jan 31, 2024 | $0.81 | normal |
| Dec 5, 2023 | Dec 20, 2023 | Oct 27, 2023 | $0.81 | normal |
| Sep 5, 2023 | Sep 20, 2023 | Jul 27, 2023 | $0.81 | normal |
| Jun 6, 2023 | Jun 21, 2023 | Apr 27, 2023 | $0.81 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Feb 2, 2023 | $0.75 | normal |
| Dec 6, 2022 | Dec 21, 2022 | Oct 28, 2022 | $0.75 | normal |
| Sep 6, 2022 | Sep 21, 2022 | Jul 28, 2022 | $0.75 | normal |
| May 31, 2022 | Jun 15, 2022 | Apr 28, 2022 | $0.75 | normal |
| Mar 1, 2022 | Mar 16, 2022 | $0.68 | normal | |
| Nov 30, 2021 | Dec 15, 2021 | Oct 28, 2021 | $0.68 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Jul 22, 2021 | $0.68 | normal |
| Jun 1, 2021 | Jun 16, 2021 | Apr 22, 2021 | $0.68 | normal |
| Mar 2, 2021 | Mar 17, 2021 | Feb 3, 2021 | $0.62 | normal |
| Sep 1, 2020 | Sep 16, 2020 | Jul 22, 2020 | $0.58 | normal |
| Jun 2, 2020 | Jun 17, 2020 | Apr 23, 2020 | $0.58 | normal |
| Mar 3, 2020 | Mar 18, 2020 | Jan 29, 2020 | $0.58 | normal |
| Dec 3, 2019 | Dec 18, 2019 | Oct 24, 2019 | $0.58 | normal |
| Sep 3, 2019 | Sep 18, 2019 | Jul 24, 2019 | $0.58 | normal |
| Jun 4, 2019 | Jun 19, 2019 | Apr 25, 2019 | $0.58 | normal |
| Mar 5, 2019 | Mar 20, 2019 | Jan 30, 2019 | $0.52 | normal |
| Dec 4, 2018 | Dec 19, 2018 | Oct 25, 2018 | $0.52 | normal |
| Sep 4, 2018 | Sep 19, 2018 | Jul 26, 2018 | $0.52 | normal |
| Jun 5, 2018 | Jun 20, 2018 | Apr 26, 2018 | $0.52 | normal |
| Mar 6, 2018 | Mar 21, 2018 | Jan 31, 2018 | $0.45 | normal |
| Dec 5, 2017 | Dec 20, 2017 | $0.45 | normal | |
| Sep 1, 2017 | Sep 20, 2017 | Jul 27, 2017 | $0.45 | normal |
| Jun 5, 2017 | Jun 21, 2017 | Apr 27, 2017 | $0.45 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Feb 1, 2017 | $0.41 | normal |
| Dec 5, 2016 | Dec 21, 2016 | Oct 28, 2016 | $0.41 | normal |
| Sep 2, 2016 | Sep 21, 2016 | $0.41 | normal | |
| May 27, 2016 | Jun 15, 2016 | Apr 28, 2016 | $0.41 | normal |
| Feb 29, 2016 | Mar 16, 2016 | Feb 3, 2016 | $0.37 | normal |
| Nov 30, 2015 | Dec 16, 2015 | $0.37 | normal | |
| Aug 31, 2015 | Sep 16, 2015 | $0.37 | normal |
AVY has a payout ratio of 52% which is higher than the Industrials sector average but lower than the industry average. In comparison with the Industrials sector average of 30.5%, Avery Dennison's payout ratio is 70% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 6.57% | $6.01 | N/A |
| ACCO ACCO BRANDS Corp | 6.19% | $0.3 | N/A |
| HUN Huntsman CORP | 4.07% | $0.96 | 168.9% |
| AVY Avery Dennison Corp | 1.49% | $3.24 | 52% |
Yes, Avery Dennison has been paying dividends for the last 30 years.
AVY hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.
Avery Dennison's last regular dividend was on Mar 5, 2024 (ex-date) with the amount of $0.81 per share.
On an annual basis AVY pays $3.24 per share.
The current dividend yield of Avery Dennison is 1.49%.
Avery Dennison pays dividends quarterly.
Avery Dennison's dividend payout ratio is 52%.
Avery Dennison's dividend yield is similar to the Industrials sector average.