NEW YORK (
) -- The ex-dividend date for
Avery Dennison Corp
) is tomorrow, May 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $41.15 as of 9:31 a.m. ET, the dividend yield is 2.5%.
The average volume for Avery Dennison has been 823,500 shares per day over the past 30 days. Avery Dennison has a market cap of $4.4 billion and is part of the
industry. Shares are down 3.7% year to date as of the close of trading on Wednesday.
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 14.2, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Avery Dennison as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full