|Bid||200.01 x 900|
|Ask||200.19 x 800|
|Day's Range||198.25 - 200.68|
|52 Week Range||151.62 - 229.24|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||21.93|
|Earnings Date||Oct 25, 2022 - Oct 31, 2022|
|Forward Dividend & Yield||3.00 (1.52%)|
|Ex-Dividend Date||Sep 06, 2022|
|1y Target Est||210.00|
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MENTOR, Ohio, July 28, 2022--The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.75 per share. The dividend is payable on September 21, 2022, to shareholders of record on September 7, 2022.
Avery Dennison's (AVY) Q2 earnings reflect higher sales in all segments.
Avery Dennison Corp (NYSE: AVY) reported second-quarter FY22 sales growth of 11.7% year-on-year to $2.347 billion, marginally beating the consensus of $2.34 billion. Reported sales for the Label and Graphic Materials segment increased 8% to $1.5 billion; Retail Branding and Information Solutions surged 24% to $658 million; Industrial and Healthcare Materials grew by 1% to $198 million. Gross profit rose 11.7% Y/Y to $643.5 million. Marketing, general and administrative expenses rose 8.4% Y/Y to