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Avery Dennison Declares 10 Percent Dividend Increase.


Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--Oct. 25, 2001

The board of directors of Avery Dennison Avery Dennison Corporation (NYSE: AVY) produces pressure-sensitive materials (such as self-adhesive labels), office products, and various paper products. R. Stanton Avery founded Avery in 1935. Avery Dennison Corporation was created in 1990 by merger of Avery and Dennison.  Corporation (NYSE NYSE

See: New York Stock Exchange
:AVY) (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :AVY) today declared a quarterly cash dividend of 33 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, an increase of 10 percent from the previous 30 cents per share. The dividend is payable on December 19, 2001, to shareholders of record at the close of business on December 5, 2001.

This is the 26th consecutive year Avery Dennison has increased dividends. The Company's annual dividend has grown from 3.75 cents per share in 1975 to $1.23 per share in 2001 for a 26-year annual compound growth rate of 14.4 percent.

Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. Based in Pasadena, Calif., the Company had 2000 sales of $3.9 billion. Avery Dennison develops, manufactures and markets a wide range of products for consumer and industrial markets, including Avery-brand office products, Fasson-brand self-adhesive materials, peel-and-stick postage stamps This is a list of postage stamps that are especially notable in some way.

The best-known stamps:
  • Treskilling Yellow (Sweden)
  • Penny Black (Britain)
  • Blue Penny (Mauritius)
  • Inverted Jenny (U.S.
, battery labels, reflective highway safety products, automated retail tag and labeling systems, and specialty tapes and chemicals.
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Publication:Business Wire
Date:Oct 25, 2001
Words:183
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