Avery Dennison Raises Quarterly Dividend to $1 a Share

Avery Dennison Corporation (AVY) raised its quarterly dividend to $1 per share from $0.94, a 6.38% increase, with the stock trading ex-dividend on June 3, 2026.

The increase lifts the company’s annualized dividend to $4 per share. Based on a share price of $153.01, the forward annual yield is 2.61%. The move extends Avery Dennison’s dividend-growth streak to 15 consecutive years, according to the locked dividend record used for this article.

Business backdrop

Avery Dennison is a global materials science and digital identification company that makes labeling materials, RFID inlays and tags, software-linked identification products, and branded packaging-related solutions. The company says it serves markets including apparel, retail, logistics, food and grocery, pharmaceuticals, automotive, home and personal care, and e-commerce. Its investor overview lists 2025 sales of $8.9 billion and operations in more than 50 countries.

The dividend action follows a first-quarter report in which Avery Dennison said it delivered earnings growth and free cash flow in a “dynamic quarter.” The company reported higher net sales for the period and said it continued to deploy capital through dividends and share repurchases. Management also cited innovation, commercial execution, productivity, procurement and cost management as parts of its operating strategy.

That context matters because dividend increases are typically evaluated against a company’s cash generation, balance sheet and capital-allocation priorities. In its first-quarter release, Avery Dennison said it returned cash to shareholders through both dividends and repurchases and described its balance sheet as strong.

What it means for income investors

For income investors, the increase raises the cash payout on each share and keeps Avery Dennison’s dividend-growth record intact. The new quarterly rate implies $4 in annual dividends per share, while the stated forward yield of 2.61% reflects the payout relative to the $153.01 share price.

The company’s dividend safety score is 81 out of 100, corresponding to an A grade, under the dividend data set used here. Avery Dennison previously cut its dividend in 2010, so the current growth streak should be viewed alongside that longer history. The latest increase signals continued board willingness to return cash to shareholders, but future payouts remain dependent on business performance, cash flow and capital-allocation decisions.