Avery Dennison Corporation
AVYConsumer Cyclical · Packaging & Containers · Stock · quarterly payer
Forward Yield
2.20%
Annual Dividend
$4.00
Payout Ratio
42%
5-Yr Growth
9.4%
Ex-Date
Dec 2, 2026
Frequency
Quarterly
Key facts about AVY's dividend
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Avery Dennison Corporation (AVY) has a forward dividend yield of 2.20%, based on an annual dividend of $4.00 per share and a share price of $180.70.
- As of Oct 29, 2026, AVY's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Avery Dennison Corporation (AVY) has raised its dividend for 15 consecutive years as of Oct 29, 2026.
- AVY last cut its regular dividend in 2010.
- AVY's next ex-dividend date is Dec 2, 2026, with payment on Dec 16, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 29, 2026, AVY pays out 42% of its trailing 12-month earnings as dividends (its payout ratio).
- AVY's dividend has grown at an average rate of 9.4% a year over the past five years.
- As of Oct 29, 2026, AVY's 2.20% yield is 31% above its five-year average yield of 1.68%.
- As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for AVY is $146.31 per share, 19% below the $180.70 share price, so AVY screens as overvalued.
- Avery Dennison Corporation (AVY) pays its dividend quarterly, 4 times a year.
- Avery Dennison Corporation (AVY) has raised its regular dividend 37 times and cut it 1 time across the 156 payments on record since 1973. Its most recent change was a 6.4% increase to $1.00 per share, going ex-dividend on Jun 3, 2026. The last cut went ex-dividend on Aug 31, 2009.
- Avery Dennison (AVY) has declared its first higher dividend of the year in April in 5 of the last 5 years; its most recent raise, 6.4%, was declared on Apr 30, 2026.
Cite this page
SmarterDividends, "AVY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/AVY
Summary
As of Oct 29, 2026, Avery Dennison Corporation (AVY) yields 2.20% ($4.00 a year per share), has a dividend safety grade of A (82/100) and has 15 consecutive years of dividend increases on record.
Is AVY a good dividend stock?
YesAvery Dennison Corporation (AVY) pays a quarterly dividend yielding 2.20% ($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
- 2.20%
- Payout Ratio
- 42%
- Annual Dividend
- $4.00
- 5-Yr Avg Growth
- 9.4%
- Ex-Dividend Date
- Dec 2, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.80
- Market Cap
- $13.8B
- P/E Ratio
- 19.8
- 5-Yr Total Return
- -11%
- 52-Week Range
- $152.42 – $199.54
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2010)
AVY dividend raises and cuts
Avery Dennison Corporation (AVY) has raised its regular dividend 37 times and cut it 1 time across the 156 payments on record since 1973. Its most recent change was a 6.4% increase to $1.00 per share, going ex-dividend on Jun 3, 2026. The last cut went ex-dividend on Aug 31, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 3, 2026 | Raise | $0.940 → $1.00 | +6.4% |
| Jun 4, 2025 | Raise | $0.880 → $0.940 | +6.8% |
| Jun 5, 2024 | Raise | $0.810 → $0.880 | +8.6% |
| Jun 6, 2023 | Raise | $0.750 → $0.810 | +8.0% |
| May 31, 2022 | Raise | $0.680 → $0.750 | +10.3% |
| Jun 1, 2021 | Raise | $0.620 → $0.680 | +9.7% |
| Dec 1, 2020 | Raise | $0.580 → $0.620 | +6.9% |
| Jun 4, 2019 | Raise | $0.520 → $0.580 | +11.5% |
| Jun 5, 2018 | Raise | $0.450 → $0.520 | +15.6% |
| Jun 5, 2017 | Raise | $0.410 → $0.450 | +9.8% |
| May 27, 2016 | Raise | $0.370 → $0.410 | +10.8% |
| Jun 1, 2015 | Raise | $0.350 → $0.370 | +5.7% |
Show all 38 changes since 1988
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 2, 2014 | Raise | $0.290 → $0.350 | +20.7% |
| Jun 3, 2013 | Raise | $0.270 → $0.290 | +7.4% |
| Mar 5, 2012 | Raise | $0.250 → $0.270 | +8.0% |
| Feb 28, 2011 | Raise | $0.200 → $0.250 | +25.0% |
| Aug 31, 2009 | Cut | $0.410 → $0.200 | −51.2% |
| Dec 3, 2007 | Raise | $0.400 → $0.410 | +2.5% |
| Dec 4, 2006 | Raise | $0.390 → $0.400 | +2.6% |
| Dec 5, 2005 | Raise | $0.380 → $0.390 | +2.6% |
| Nov 29, 2004 | Raise | $0.370 → $0.380 | +2.7% |
| Dec 1, 2003 | Raise | $0.360 → $0.370 | +2.8% |
| Dec 2, 2002 | Raise | $0.330 → $0.360 | +9.1% |
| Dec 3, 2001 | Raise | $0.300 → $0.330 | +10.0% |
| Dec 4, 2000 | Raise | $0.270 → $0.300 | +11.1% |
| Nov 29, 1999 | Raise | $0.240 → $0.270 | +12.5% |
| Nov 30, 1998 | Raise | $0.210 → $0.240 | +14.3% |
| Dec 1, 1997 | Raise | $0.170 → $0.210 | +23.5% |
| Dec 4, 1996 | Raise | $0.150 → $0.170 | +13.3% |
| Dec 4, 1995 | Raise | $0.135 → $0.150 | +11.1% |
| Dec 1, 1994 | Raise | $0.120 → $0.135 | +12.5% |
| Nov 24, 1993 | Raise | $0.110 → $0.120 | +9.1% |
| Nov 25, 1992 | Raise | $0.100 → $0.110 | +10.0% |
| Aug 28, 1991 | Raise | $0.0900 → $0.100 | +11.1% |
| Nov 29, 1990 | Raise | $0.0800 → $0.0900 | +12.5% |
| May 31, 1990 | Raise | $0.0700 → $0.0800 | +14.3% |
| Jun 1, 1989 | Raise | $0.0600 → $0.0700 | +16.7% |
| May 25, 1988 | Raise | $0.0525 → $0.0600 | +14.3% |
Frequently Asked Questions
Is AVY a good dividend stock?
Yes. Avery Dennison Corporation (AVY) pays a quarterly dividend yielding 2.20% ($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.
Is AVY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AVY's fair value is about $146.31 versus a $180.70 share price — so it looks overvalued (-19% vs. fair value).
Is AVY's dividend safe?
AVY has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 2010, debt and yield-versus-history.
What is AVY's fair value?
Our blended fair-value estimate for AVY is about $146.31 per share, about 19% below the current $180.70 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AVY a buy, hold, or sell?
We don't issue formal ratings, but on the data AVY screens as "yes" and overvalued. Avery Dennison Corporation (AVY) pays a quarterly dividend yielding 2.20% ($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. This is research for your own analysis, not investment advice.
Will AVY cut its dividend?
AVY earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AVY pay a dividend?
Yes. Avery Dennison Corporation pays a quarterly dividend of about $4.00 per share annually, a forward yield of roughly 2.20%.
What is AVY's dividend yield?
As of Oct 29, 2026, AVY's forward dividend yield is 2.20%, based on a $4.00 annual dividend and a $180.70 share price.
What is AVY's dividend per share?
As of Oct 29, 2026, AVY pays $4.00 per share per year, distributed on a quarterly basis.
What is AVY's dividend payout ratio?
As of Oct 29, 2026, AVY's payout ratio is 42% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AVY grown its dividend?
As of Oct 29, 2026, AVY has increased its dividend for 15 consecutive years.
When is the next AVY ex-dividend date?
As of Oct 29, 2026, the next ex-dividend date on record for AVY is Dec 2, 2026.
AVY Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
-7%
5 Years
-11%
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 $146.31 per share, versus a market price of $180.70. That implies 19% of downside.
Fair Value
$146.31
Current Price
$180.70
Downside
-19%
Margin of Safety
-24%
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 9.4% annual free-cash-flow growth. We model 7.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), 7.3% growth for five years fading to 2.5% over the next five, $9.13 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
Full AVY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 2, 2026 | Sep 16, 2026 | $1.0000 | regular |
| Jun 3, 2026 | Jun 17, 2026 | $1.0000 | regular |
| Mar 4, 2026 | Mar 18, 2026 | $0.9400 | regular |
| Dec 3, 2025 | Dec 17, 2025 | $0.9400 | regular |
| Sep 3, 2025 | Sep 17, 2025 | $0.9400 | regular |
| Jun 4, 2025 | Jun 18, 2025 | $0.9400 | regular |
| Mar 5, 2025 | Mar 19, 2025 | $0.8800 | regular |
| Dec 4, 2024 | Dec 18, 2024 | $0.8800 | regular |
| Sep 4, 2024 | Sep 18, 2024 | $0.8800 | regular |
| Jun 5, 2024 | Jun 20, 2024 | $0.8800 | regular |
| Mar 5, 2024 | Mar 20, 2024 | $0.8100 | regular |
| Dec 5, 2023 | Dec 20, 2023 | $0.8100 | regular |
| Sep 5, 2023 | Sep 20, 2023 | $0.8100 | regular |
| Jun 6, 2023 | Jun 21, 2023 | $0.8100 | regular |
Income Calculator
At $4.00 / yr per share
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