Avient Announces Quarterly Dividend

Rhea-AI Summary

Avient Corporation (NYSE: AVNT) has declared a quarterly cash dividend of $0.2375 per share. The dividend will be paid on October 6, 2022 to stockholders of record as of September 16, 2022. In 2021, Avient reported revenues of $4.8 billion and specializes in sustainable material solutions that enhance product recyclability and reduce carbon footprints in transportation. The company employs around 8,800 associates and is recognized for its commitment to sustainability and workplace excellence.

Positive

• Declared quarterly cash dividend of $0.2375 per share.
• Reported 2021 revenues of $4.8 billion, indicating strong financial performance.

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• None.

CLEVELAND, July 13, 2022 /PRNewswire/ -- The Board of Directors of Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has declared a quarterly cash dividend of twenty-three and three-quarters cents ($0.2375) per share on the common stock outstanding, to be paid on October 6, 2022 to stockholders of record on September 16, 2022.

About Avient

Avient Corporation (NYSE: AVNT), with 2021 revenues of $4.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

• 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 employs approximately 8,800 associates and 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.

To access Avient's news library online, please visit www.avient.com/news

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SOURCE Avient Corporation

FAQ

What is the dividend amount declared by Avient Corporation for 2022?

Avient Corporation declared a quarterly cash dividend of $0.2375 per share.

When will Avient Corporation pay its dividend?

The dividend will be paid on October 6, 2022.

Who are the stockholders eligible for the dividend from Avient?

Stockholders of record on September 16, 2022, are eligible for the dividend.

How much revenue did Avient Corporation generate in 2021?

Avient Corporation reported revenues of $4.8 billion in 2021.

What is Avient Corporation's focus in terms of sustainability?

Avient focuses on providing sustainable material solutions that improve recyclability and reduce carbon footprints.