Avery Dennison Declares Dividend Increase.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--Oct. 24, 2002 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) today declared a quarterly cash dividend of $0.36 per share, an increase of 9 percent from the previous $0.33 per share. The dividend is payable on December 18, 2002, to shareholders of record at the close of business on December 4, 2002. This is the 27th consecutive year Avery Dennison has increased dividends. The Company's annual dividend has grown from 3.75 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. in 1975 to $1.35 per share in 2002 for a 27-year annual compound growth rate of 14.2 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 2001 sales of $3.8 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:
v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. retail tag and labeling systems, and specialty tapes and chemicals. |
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