NEW YORK (
) -- The ex-dividend date for
Avery Dennison Corp
) is Monday, February 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $39.22 as of 9:30 a.m. ET, the dividend yield is 2.5%.
The average volume for Avery Dennison has been 865,700 shares per day over the past 30 days. Avery Dennison has a market cap of $4.3 billion and is part of the
industry. Shares are down 7.6% year to date as of the close of trading on Thursday.
Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. The company operates in three segments: Pressure-sensitive Materials, Retail Information Services, and Office and Consumer Products. The company has a P/E ratio of 12.4, below the average consumer non-durables industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Avery Dennison as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full