Empowering Shareholders with Growth: Avery Dennison Enhances Performance and Reports Rising Profits
Portfolio Pulse from Benzinga Insights
Avery Dennison (NYSE:AVY) is distributing a dividend payout of $0.81 per share, with an annualized dividend yield of 1.79%. The company has shown an upward trend in both dividend per share and earnings per share from 2019 to 2022. The company's dividend yield is mid-range compared to its industry peers, with International Paper (NYSE:IP) having the highest annualized dividend yield at 5.43%.
September 20, 2023 | 3:05 pm
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NEUTRAL IMPACT
International Paper has the highest annualized dividend yield at 5.43% among Avery Dennison's industry peers.
International Paper is mentioned as a comparison to Avery Dennison's dividend yield. While it has a higher yield, the news does not provide any specific information that would impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Avery Dennison's dividend payout and upward trend in earnings per share indicate a strong financial position, which could attract income-seeking investors.
Avery Dennison's dividend payout and upward trend in earnings per share indicate a strong financial position. This could attract income-seeking investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100