By Connor Hart
Avery Dennison raised its quarterly dividend to 94 cents from 88 cents.
The new payout, equal to $3.76 a year, represents an annual yield of about 2.2% based on Wednesday's closing price of $170.25.
The maker of tags, labels and other specialty materials said the higher dividend will be paid June 18 to shareholders of record as of June 4.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
April 24, 2025 13:15 ET (17:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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