Avery Dennison Corporation (AVY, Financial) has announced an increase in its quarterly dividend, highlighting the company's commitment to returning value to its shareholders. The Board of Directors has approved a new dividend of 94 cents per share, marking a 7% rise from its previous rate.
Shareholders who are on record by June 4 will be entitled to this payout, which is scheduled for distribution on June 18. This enhancement in dividend reflects the company's solid financial health and strategic focus on rewarding its investors.
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