Avery Dennison (MEX:AVY) Dividend Payout Ratio: 0.38 (As of Mar. 2026) — Near Median


MEX:AVY Avery Dennison Corp MEX:AVY
85 GF Score
Price MXN4,390.00
GF Value MXN5,442.88
! 2 Warning Signs
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What is Avery Dennison Dividend Payout Ratio?

Avery Dennison MEX:AVY 85 Dividend Payout Ratio is 0.38 as of Mar. 2026, which is 9% above its 10-year median of 0.35. GuruFocus rates MEX:AVY with a GF Score™ of 85/100 and a GF Value™ of MXN5,442.88. The stock has 2 warning signs investors should review. Among 211 Packaging & Containers companies, Avery Dennison ranks better than 50.24% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Avery Dennison's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.38.

The historical rank and industry rank for Avery Dennison's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Avery Dennison was 0.40. The lowest was 0.03. And the median was 0.35.

MEX:AVY's Dividend Payout Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-30), the Dividend Yield % of Avery Dennison is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Avery Dennison was 2.49%. The lowest was 0.00%. And the median was 1.73%.

Avery Dennison's Dividends per Share for the months ended in Mar. 2026 was MXN16.95.

During the past 12 months, Avery Dennison's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Avery Dennison was 17.70% per year. The lowest was -20.80% per year. And the median was 10.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Avery Dennison (MEX:AVY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Avery Dennison Dividend Payout Ratio Related Terms


Avery Dennison Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Avery Dennison's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avery Dennison Dividend Payout Ratio Chart

Avery Dennison Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.31 0.37 0.39

Avery Dennison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.39 0.40 0.38 0.38

MEX:AVY vs CCK, BALL, REYN: Dividend Payout Ratio Comparison

For the Packaging & Containers subindustry, Avery Dennison's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avery Dennison Dividend Payout Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Avery Dennison's Dividend Payout Ratio falls into.


MEX:AVY
85GF Score
Avery Dennison Corp MEX:AVY
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Avery Dennison Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Avery Dennison's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=66.621/ 171.594
=0.39

Avery Dennison's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=16.951/ 44.541
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.38 mean?
Avery Dennison (MEX:AVY) has a Dividend Payout Ratio of 0.38 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Avery Dennison and its competitors. This is near median its historical median of 0.35. Over the past decade, Avery Dennison's Dividend Payout Ratio has ranged from 0.03 to 0.40. According to the industry distribution chart, Avery Dennison ranks #105 out of 211 companies in the Packaging & Containers industry, placing it in the top 49.8%.
Is Avery Dennison's Dividend Payout Ratio too high?
Avery Dennison's current Dividend Payout Ratio of 0.38 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.40. The Packaging & Containers industry median Dividend Payout Ratio is 0.39. Avery Dennison's value of 0.38 is 2.6% below this industry median. Based on the distribution chart, Avery Dennison ranks #105 out of 211 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Avery Dennison has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's Dividend Payout Ratio compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #105 out of 211 companies for Dividend Payout Ratio. This puts Avery Dennison in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Avery Dennison's value of 0.38 is 2.6% below this benchmark. Historically, Avery Dennison's own Dividend Payout Ratio has ranged from 0.03 to 0.40 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.39, Avery Dennison has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Packaging & Containers company?
The median Dividend Payout Ratio among Packaging & Containers companies is 0.39, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avery Dennison's current Dividend Payout Ratio of 0.38 is 2.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Avery Dennison and its competitors. For the Packaging & Containers industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current Dividend Payout Ratio is 0.38, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current Dividend Payout Ratio of 0.38. The stock's GF Value™ is MXN5,442.88, compared to a current price of MXN4,390.00 — trading 19.3% below its estimated fair value. The current Dividend Payout Ratio is 0.38, which is near median its 10-year median of 0.35 and 2.6% below the Packaging & Containers industry median of 0.39. Avery Dennison's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Avery Dennison (MEX:AVY), the current Dividend Payout Ratio is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avery Dennison (MEX:AVY) Overvalued in 2026?

Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued. The current stock price of MXN4,390.00 is trading 19.3% below its estimated GF Value™ of MXN5,442.88.

Key valuation signals for MEX:AVY:

  • Dividend Payout Ratio: 0.38 (near median its 10-year median of 0.35)
  • GF Value™: MXN5,442.88 vs. price of MXN4,390.00 (19.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 2.6% below the Packaging & Containers median (#105 of 211)

No single metric tells the full story. See the MEX:AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avery Dennison Business Description

Address 8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
85GF Score

Get the complete analysis for MEX:AVY

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,390.00
Price
MXN5,442.88
GF Value