Avery Dennison Corporation
AVYConsumer Cyclical · Stock · quarterly payer
Forward Yield
2.28%
Annual Dividend
$4.00
Payout Ratio
42%
5-Yr Growth
9.4%
Ex-Date
Sep 2, 2026
Frequency
Quarterly
Summary
As of September 2026, Avery Dennison Corporation (AVY) yields 2.28% ($4.00 per share annually), with a blended fair-value estimate of $137.10 — -22% downside, so it screens as overvalued. Dividend safety grade: A (82/100). 15 years of dividend growth.
Is AVY a good dividend stock?
YesAvery Dennison Corporation (AVY) pays a quarterly dividend yielding 2.28% ($4.00/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Comfortable payout ratio (42%)
- Strong 9.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2010
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.28%
- Payout Ratio
- 42%
- Annual Dividend
- $4.00
- 5-Yr Avg Growth
- 9.4%
- Ex-Dividend Date
- Sep 2, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.81
- Market Cap
- $13.3B
- P/E Ratio
- 19.2
- 5-Yr Total Return
- -16%
- 52-Week Range
- $152.42 – $199.54
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2010)
Frequently Asked Questions
AVY Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
-4%
5 Years
-16%
52-Week Range
$152.42 – $199.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AVY worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Avery Dennison Corporation is $137.10 per share, versus a market price of $175.06. That implies 22% of downside.
Fair Value
$137.10
Current Price
$175.06
Downside
-22%
Margin of Safety
-28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.2% annual free-cash-flow growth. We model 7.2% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.4% discount rate (CAPM), 7.2% stage-1 growth, 2.5% terminal growth, $9.14 EPS, $4.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AVY Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 2, 2026 | — | $1.0000 | regular |
| Jun 3, 2026 | — | $1.0000 | regular |
| Mar 4, 2026 | — | $0.9400 | regular |
| Dec 3, 2025 | — | $0.9400 | regular |
| Sep 3, 2025 | — | $0.9400 | regular |
| Jun 4, 2025 | — | $0.9400 | regular |
| Mar 5, 2025 | — | $0.8800 | regular |
| Dec 4, 2024 | — | $0.8800 | regular |
| Sep 4, 2024 | — | $0.8800 | regular |
| Jun 5, 2024 | — | $0.8800 | regular |
| Mar 5, 2024 | — | $0.8100 | regular |
| Dec 5, 2023 | — | $0.8100 | regular |
| Sep 5, 2023 | — | $0.8100 | regular |
| Jun 6, 2023 | — | $0.8100 | regular |
Income Calculator
At $4.00 / yr per share
