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Avient Announces Quarterly Dividend

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Avient Corporation (AVNT) declares a quarterly cash dividend of $0.2575 per share on common stock, payable on April 5, 2024.
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The declaration of a quarterly cash dividend by Avient Corporation represents a direct financial return to shareholders and can be indicative of the company's current financial health and future outlook. Dividends are often seen as a signal of confidence by the company's management in its profitability and cash flow stability. The specific amount of $0.2575 per share should be evaluated against the company's earnings per share (EPS) and dividend payout ratio to assess sustainability. The timing of the dividend payment might also influence investor behavior, as shareholders of record by a certain date are entitled to receive the dividend.

Investors typically look at the yield, which is the dividend per share divided by the stock price, to evaluate the attractiveness of the dividend in relation to alternative investment opportunities. It's essential to consider whether the dividend yield aligns with industry standards and how it may affect the stock's desirability among income-focused investors. A consistent or increasing dividend payout can also be a positive sign for long-term investors, as it implies the company expects to maintain or grow its earnings.

From a market perspective, Avient Corporation's dividend announcement could potentially influence the company's stock market performance. Dividends are a component of total shareholder return and consistent dividend payments may attract a certain class of investors, such as those seeking regular income or those with a more conservative investment strategy. The market may interpret the dividend declaration as a positive signal, potentially leading to increased demand for Avient's shares.

It is also important to analyze the dividend in the context of the sector's overall performance. The materials sector is subject to cyclical trends and economic conditions that can impact companies' profitability and, consequently, their ability to pay dividends. Comparing Avient's dividend yield and growth with its peers can provide additional insights into its competitive position within the industry.

CLEVELAND, Feb. 12, 2024 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, has declared a quarterly cash dividend of twenty-five and three-quarters cents ($0.2575) per share on the common stock outstanding, to be paid on April 5, 2024, to stockholders of record on March 19, 2024.

About Avient

Avient Corporation (NYSE: AVNT) provides specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

  • Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
  • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
  • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint
  • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility

Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com/.

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SOURCE Avient Corporation

Avient Corporation (AVNT) has declared a quarterly cash dividend of $0.2575 per share on the common stock.

The dividend declared by Avient Corporation (AVNT) will be paid on April 5, 2024.

Stockholders of Avient Corporation (AVNT) as of March 19, 2024, will be eligible to receive the dividend.
Avient Corp

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Plastics Material and Resin Manufacturing
Manufacturing
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Process Industries, Chemicals: Specialty, Manufacturing, Plastics Material and Resin Manufacturing
US
Avon Lake

About AVNT

polyone corporation (nyse: pol) with annual revenues of $3.4 billion, is a leading global provider of specialized polymer materials, services and solutions. did you know that polyone... • employs more than 7,600 associates worldwide at: - more than 80 manufacturing and distribution facilities - over a dozen labs and innovation centers - sales and service locations on five continents • serves more than 10,000 global customers across a diverse range of industries. • offers its customers more than 35,000 polymer solutions. • has operations throughout north america, south america, europe, africa and asia. • enables customers in many industries to develop innovative products and services, improve performance and increase their competitiveness through collaboration. polyone corporation is a premier provider of specialized polymer materials, services and solutions. the company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, in