Avient Announces Quarterly Dividend

Rhea-AI Summary

Avient Corporation (NYSE: AVNT) has declared a quarterly cash dividend of $0.2375 per share, payable on April 7, 2022 to stockholders of record on March 15, 2022. In 2021, the company reported revenues of $4.8 billion, focusing on specialized and sustainable material solutions. These solutions aim to enhance recyclability, lightweight products for improved efficiency, and sustainable infrastructure. With approximately 8,700 employees, Avient is recognized for its commitment to responsible practices in the industry.

Positive

• Quarterly cash dividend of $0.2375 per share demonstrates company confidence.
• 2021 revenue of $4.8 billion indicates robust business performance.
• Focus on sustainable material solutions aligns with market trends towards environmental responsibility.

Negative

• None.

CLEVELAND, Feb. 14, 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 April 7, 2022 to stockholders of record on March 15, 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 8,700 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 Avient's dividend amount and payment date?

Avient has declared a quarterly cash dividend of $0.2375 per share, payable on April 7, 2022.

When is the record date for Avient's dividend?

The record date for Avient's dividend is March 15, 2022.

What were Avient's revenues in 2021?

Avient reported revenues of $4.8 billion in 2021.

What sustainable practices does Avient focus on?

Avient provides solutions that improve recyclability and incorporate recycled content to advance a circular economy.