Avery Dennison raises quarterly dividend 6.4% to $1.00 a share
Updated
Updated · MarketWatch · Apr 30
Avery Dennison raises quarterly dividend 6.4% to $1.00 a share
7 articles · Updated · MarketWatch · Apr 30
The Mentor, Ohio, materials maker said the new payout equals $4.00 annually and implies a roughly 2.45% yield based on Wednesday's $162.95 closing price.
The previous quarterly dividend was 94 cents a share, implying an annual yield of about 2.31% before the increase.
The higher dividend will be paid on 17 June to shareholders on record as of 3 June.
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