Avient Announces Quarterly Dividend

Rhea-AI Summary

Avient Corporation (NYSE: AVNT) has announced a quarterly cash dividend of $0.2125 per share, scheduled for payment on July 8, 2021, to stockholders recorded by June 18, 2021. Expected revenues for 2021 are projected at $4.3 billion. The company focuses on specialized and sustainable material solutions, including technologies that enhance product shelf life and reduce plastic usage. Avient employs approximately 8,400 associates and is committed to responsible care and sustainability initiatives.

Positive

• Quarterly cash dividend of $0.2125 per share supports income for shareholders.
• Projected revenues of $4.3 billion for 2021 indicate strong business performance.
• Focus on sustainable material solutions is likely to attract environmentally-conscious investors.

Negative

• None.

CLEVELAND, May 13, 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 July 8, 2021, to stockholders of record on June 18, 2021.

About Avient

Avient Corporation (NYSE: AVNT), with 2021 expected revenues of $4.3 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

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

Avient Corporation has declared a quarterly cash dividend of $0.2125 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 8, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is June 18, 2021.

What are Avient's expected revenues for 2021?

Avient's expected revenues for 2021 are projected to be $4.3 billion.

How many employees does Avient Corporation have?

Avient Corporation employs approximately 8,400 associates.