Avient Announces Quarterly Dividend

Rhea-AI Summary

Avient Corporation (NYSE: AVNT) has announced a quarterly cash dividend of $0.2125 per share on its common stock, scheduled for payment on April 8, 2021. The record date for stockholders is March 16, 2021. In 2020, Avient reported pro forma revenues of $3.8 billion, specializing in sustainable material solutions that enhance product longevity and reduce environmental impact. The company focuses on barrier technologies for perishable goods, light-weighting solutions for transportation, and technologies that improve recyclability.

Positive

• Declared quarterly cash dividend of $0.2125 per share, promoting shareholder return.
• 2020 pro forma revenues were $3.8 billion, indicating strong financial performance.
• Focus on sustainable solutions aligns with market demand for environmentally friendly products.

Negative

• None.

CLEVELAND, Feb. 8, 2021 /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-one and one-quarter cents ($0.2125) per share on the common stock outstanding, to be paid on April 8, 2021, to stockholders of record on March 16, 2021.

About Avient

Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

• Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic
• Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation
• Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

Avient employs approximately 8,400 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

When is the dividend for Avient Corporation (AVNT) being paid?

The dividend will be paid on April 8, 2021.

What is the amount of the quarterly dividend declared by Avient Corporation (AVNT)?

The declared quarterly dividend is $0.2125 per share.

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

The record date for the dividend is March 16, 2021.

How much revenue did Avient Corporation (AVNT) generate in 2020?

Avient Corporation reported pro forma revenues of $3.8 billion in 2020.

What type of solutions does Avient Corporation (AVNT) provide?

Avient provides specialized and sustainable material solutions.