Avient Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Avient (NYSE: AVNT) has announced a quarterly cash dividend of $0.2575 per share on its common stock. This dividend will be paid on July 10, 2024, to stockholders who are on record as of June 21, 2024. Avient is recognized for its specialized and sustainable materials solutions. The announcement reflects the company's ongoing commitment to providing shareholder value through regular dividend payments.

Positive

• Quarterly cash dividend of $0.2575 per share declared.
• Dividend payment date set for July 10, 2024.
• Record date for stockholders is June 21, 2024.
• Reflects ongoing commitment to shareholder value.

Negative

• No new business developments or revenue growth reported.
• Announcement lacks information on financial performance or future earnings outlook.

CLEVELAND, May 16, 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 July 10, 2024, to stockholders of record on June 21, 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

FAQ

What is the dividend amount declared by Avient on May 16, 2024?

Avient declared a quarterly cash dividend of $0.2575 per share.

When will Avient pay the announced dividend?

The dividend will be paid on July 10, 2024.

What is the record date for Avient 's dividend payment?

The record date for the dividend payment is June 21, 2024.

What is the stock symbol for Avient ?

The stock symbol for Avient is AVNT.

What type of company is Avient ?

Avient is a leading provider of specialized and sustainable materials solutions.