Looking at the universe of stocks we cover at Dividend Channel, on 9/1/20, Avery Dennison Corp (Symbol: AVY) will trade ex-dividend, for its quarterly dividend of $0.58, payable on 9/16/20. As a percentage of AVY's recent stock price of $116.22, this dividend works out to approximately 0.50%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AVY is likely to continue, and whether the current estimated yield of 2.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AVY shares, versus its 200 day moving average:
Looking at the chart above, AVY's low point in its 52 week range is $76.96 per share, with $141.09 as the 52 week high point — that compares with a last trade of $116.22.
In Friday trading, Avery Dennison Corp shares are currently off about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
