Avery Dennison (AVY) Could Be 10% Undervalued As New Dividend Tests Valuation

Avery Dennison (AVY) just announced a new income payment for shareholders. The Board approved a quarterly cash dividend of $1.00 per share, payable on December 16, 2026, to holders of record on December 2. Avery Dennison’s latest dividend decision comes after a mixed period in the market. The share price was down 1.53% on the day at US$181.83, but the company recorded an 11.53% 90 day share price return and a 2.42% 1 year total shareholder return, which suggests momentum has picked up more...