Consumables

Avery Dennison Announces 21 Percent Increase in Quarterly Dividend

Monday 28. April 2014 - The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has increased its quarterly cash dividend, the company announced today.

The board declared a quarterly cash dividend of $0.35 per share, reflecting a six cent, or 21 percent, increase over the previous quarterly dividend. The dividend is payable on June 18, 2014, to shareholders of record on June 4, 2014.
“The board’s action demonstrates our confidence in the company’s ability to deliver long-term value and our commitment to returning cash to shareholders,” said Dean A. Scarborough, Avery Dennison chairman, president and chief executive officer.