Avery Dennison (AVY) Declares $0.27 Quarterly Dividend; 3.6% Yield; Approves $400M Buyback

July 26, 2012 8:40 AM EDT
Avery Dennison Corp. (NYSE: AVY) declared a quarterly dividend of $0.27 per share, or $1.08 annualized.

The dividend will be payable on September 19, 2012, to stockholders of record on September 5, 2012, with an ex-dividend date of August 31, 2012.

The annual yield on the dividend is 3.6 percent.

The Board also authorized the repurchase of shares of the company's common stock in the total aggregate amount of up to $400 million (exclusive of any fees, commissions or other expenses related to such purchases).

For a dividend history and other dividend-related data on Avery Dennison Corp. (AVY) click here.


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