Avery Dennison (AVY) will raise its quarterly dividend by 9.8 percent to $0.45 per share in 2017.
The next dividend is payable June 21, 2017, to shareholders of record as of June 7, 2017.
Avery Dennison is a global materials science and manufacturing company specializing in the design and manufacture of labeling and functional materials. The company’s products 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. Avery Dennison stock was first offered to the public in January 1961 and first traded on the NYSE on June 20, 1967.